£256,373
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Oct 2021 |
| £186,500 | 25 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 2021 the House Price Index for GLOUCESTERSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £230,000 results in an estimated price of approximately £256,373.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £230,000 | £26,373 | £256,373 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | -0.179 % | £-411 | £229,588 |
| 3 Month Average | 10.580 % | £24,333 | £254,333 |
| 6 Month Average | 15.327 % | £35,251 | £265,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £440,000 | £440,000 | 194 CHELTENHAM ROAD |
| 25 Aug 2023 | £259,684 | £255,000 | 36 ELMLEAZE |
| 9 Nov 2022 | £250,827 | £252,000 | 24 OAKLEAZE |
| 30 Aug 2022 | £266,245 | £265,000 | 68 ELMLEAZE |
| 25 Aug 2022 | £256,198 | £255,000 | 116A ELMLEAZE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 17 Jan 2017. Using an estimated price of £256,374 means this house is valued at £2,373 per sq meter (£220 per sq foot).
The average size of a house on OAKLEAZE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmleaze |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Elmleaze |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmleaze |
| Oct 2024 | Other crime | Under investigation | On or near Oakleaze |
| Oct 2024 | Other crime | Under investigation | On or near Oakleaze |