£424,446
This estimated value is based upon the latest sale price for the house of £345,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Springfield Road
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| Price Paid | Date |
|---|---|
| £345,000 | 1 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 February 2019 the House Price Index for GLOUCESTERSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £345,000 results in an estimated price of approximately £424,446.
| 1 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £345,000 | £79,446 | £424,446 |
The Postcode Pricing Model uses changes in average sales price within the GL15 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 | 119.682 % | £412,903 | £757,903 |
| 3 Month Average | 27.993 % | £96,575 | £441,575 |
| 6 Month Average | 22.054 % | £76,085 | £421,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £305,459 | £310,000 | 5 CHERRY WALK |
| 14 Sep 2022 | £148,198 | £150,000 | 28 FOREST ROAD |
| 29 Jul 2022 | £199,730 | £200,000 | 63 PRIMROSE HILL |
| 14 Apr 2022 | £435,897 | £425,000 | 35 FOREST ROAD |
| 14 Mar 2022 | £242,538 | £235,000 | 27 FOREST ROAD |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 17 Nov 2017. Using an estimated price of £424,447 means this house is valued at £2,090 per sq meter (£194 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 133 sq meters (1,438 sq feet).
This house is the largest in the street with a floor area of 203 sq meters (2,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Road |
| Apr 2024 | Other crime | Under investigation | On or near South Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near South Road |