£428,231
This estimated value is based upon the latest sale price for the house of £320,000 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 |
---|---|
£320,000 | 16 Sep 2016 |
Detached |
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 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 £320,000 results in an estimated price of approximately £428,231.
16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £320,000 | £108,231 | £428,231 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 43.172 % | £138,151 | £458,151 |
3 Month Average | 24.313 % | £77,801 | £397,801 |
6 Month Average | 24.901 % | £79,682 | £399,682 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £630,475 | £625,000 | 64 ALEXANDER DRIVE |
11 Aug 2023 | £453,774 | £445,590 | 68 ALEXANDER DRIVE |
11 Jan 2023 | £491,313 | £490,000 | 195 ALEXANDER DRIVE |
10 Nov 2022 | £403,115 | £405,000 | 207 ALEXANDER DRIVE |
24 Aug 2022 | £279,306 | £278,000 | 60 FOXES BANK DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Apr 2016. Using an estimated price of £428,232 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on ALEXANDER DRIVE is 108 sq meters (1,167 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxes Bank Drive |
Aug 2024 | Anti-social behaviour | On or near Somerville Court | |
Aug 2024 | Anti-social behaviour | On or near Somerville Court | |
Aug 2024 | Anti-social behaviour | On or near Somerville Court | |
Aug 2024 | Anti-social behaviour | On or near Somerville Court |