£399,933
This estimated value is based upon the latest sale price for the house of £325,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 30 Aug 2019 |
| £220,000 | 3 Oct 2014 |
| £130,000 | 15 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in August 2019 the House Price Index for GLOUCESTERSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £325,000 results in an estimated price of approximately £399,933.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £325,000 | £74,933 | £399,933 |
The Postcode Pricing Model uses changes in average sales price within the GL51 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 40.226 % | £130,734 | £455,734 |
| 3 Month Average | 13.202 % | £42,907 | £367,907 |
| 6 Month Average | 12.945 % | £42,070 | £367,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £154,707 | £152,000 | 60 PROVIDENCE PARK |
| 14 Sep 2023 | £344,404 | £340,000 | 239 ARLE ROAD |
| 13 Sep 2023 | £275,523 | £272,000 | 53 MERRIVILLE ROAD |
| 31 Aug 2023 | £428,751 | £425,000 | 11 MERRIVILLE ROAD |
| 21 Aug 2023 | £153,846 | £152,500 | 6 PROVIDENCE PARK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 May 2014. Using an estimated price of £399,934 means this house is valued at £5,332 per sq meter (£495 per sq foot).
The average size of a house on ARLE ROAD is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Brooklyn Close | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Brooklyn Close |
| Jan 2024 | Public order | Local resolution | On or near Brooklyn Close |
| Mar 2024 | Drugs | Under investigation | On or near Grevil Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grevil Road |