£568,745
This estimated value is based upon the latest sale price for the house of £425,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 16 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 September 2016 the House Price Index for GLOUCESTERSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £425,000 results in an estimated price of approximately £568,745.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £425,000 | £143,745 | £568,745 |
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 | -0.622 % | £-2,644 | £422,355 |
| 3 Month Average | 41.483 % | £176,303 | £601,303 |
| 6 Month Average | 22.407 % | £95,230 | £520,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £430,741 | £427,000 | 9 ST MICHAELS ROAD |
| 22 Mar 2024 | £512,880 | £505,000 | 39 MERESTONES DRIVE |
| 27 Oct 2022 | £316,941 | £318,000 | 53 ST MICHAELS ROAD |
| 5 Aug 2022 | £885,842 | £881,700 | 59 MERESTONES DRIVE |
| 3 Aug 2022 | £572,678 | £570,000 | 56 MERESTONES DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 7 Jun 2016. Using an estimated price of £568,745 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on MERESTONES DRIVE is 140 sq meters (1,516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merestones Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hazlewood Close |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Northcroft |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Northcroft |
| May 2024 | Anti-social behaviour | On or near Northcroft |