£309,292
This estimated value is based upon the latest sale price for the house of £59,950 on 17 Jun 1997. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,950 | 17 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 June 1997 the House Price Index for GLOUCESTERSHIRE was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £59,950 results in an estimated price of approximately £309,292.
| 17 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £59,950 | £249,342 | £309,292 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 311.462 % | £186,721 | £246,671 |
| 3 Month Average | 411.016 % | £246,404 | £306,354 |
| 6 Month Average | 428.266 % | £256,745 | £316,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2024 | £363,000 | £363,000 | 14 GREAT WESTERN TERRACE |
| 1 Dec 2023 | £462,203 | £448,000 | 25 GREAT WESTERN TERRACE |
| 11 Aug 2023 | £194,508 | £191,000 | APARTMENT 7 117A ST GEORGES ROAD |
| 10 Feb 2023 | £342,286 | £340,000 | 12 GREAT WESTERN TERRACE |
| 9 Feb 2023 | £199,332 | £198,000 | 1 GREAT WESTERN TERRACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 Oct 2018. Using an estimated price of £309,292 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on GREAT WESTERN TERRACE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Great Western Terrace |