£174,218
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 23 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2018 the House Price Index for GLOUCESTERSHIRE was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £140,000 results in an estimated price of approximately £174,218.
| 23 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £140,000 | £34,218 | £174,218 |
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 | 112.372 % | £157,320 | £297,320 |
| 3 Month Average | 24.839 % | £34,774 | £174,774 |
| 6 Month Average | 18.535 % | £25,948 | £165,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2022 | £148,198 | £150,000 | 28 FOREST ROAD |
| 22 Jun 2022 | £474,812 | £470,000 | 1 HILLVIEW |
| 14 Apr 2022 | £435,897 | £425,000 | 35 FOREST ROAD |
| 14 Mar 2022 | £242,538 | £235,000 | 27 FOREST ROAD |
| 4 Feb 2022 | £404,206 | £387,000 | 4 SPRINGFIELD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Nov 2017. Using an estimated price of £174,218 means this house is valued at £2,025 per sq meter (£188 per sq foot).
The average size of a house on FOREST ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B4234 |
| Feb 2024 | Other theft | Under investigation | On or near B4234 |
| Apr 2024 | Other crime | Under investigation | On or near South Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near South Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |