£200,296
This estimated value is based upon the latest sale price for the house of £117,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £117,000 | 27 Jan 2012 |
| £85,000 | 16 Apr 2003 |
| £54,000 | 6 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 873 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 January 2012 the House Price Index for GLOUCESTERSHIRE was 86.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.194%.Applying this 71.194% change to the original purchase price of £117,000 results in an estimated price of approximately £200,296.
| 27 Jan 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.0 | 71.194 % | £117,000 | £83,296 | £200,296 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 24.380 % | £28,524 | £145,524 |
| 3 Month Average | 57.063 % | £66,763 | £183,763 |
| 6 Month Average | 62.958 % | £73,660 | £190,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £211,285 | £210,000 | 21 REDDINGS PARK |
| 29 Mar 2023 | £135,734 | £135,000 | 63 REDDINGS PARK |
| 28 Oct 2022 | £123,169 | £125,000 | 37 REDDINGS PARK |
| 29 Jul 2022 | £212,213 | £212,500 | 43 REDDINGS PARK |
| 12 Jul 2022 | £209,717 | £210,000 | 74 REDDINGS ROAD |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 30 Jul 2011. Using an estimated price of £200,297 means this house is valued at £2,468 per sq meter (£229 per sq foot).
The average size of a house on REDDINGS ROAD is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Reddings Park | |
| Mar 2024 | Anti-social behaviour | On or near Reddings Park | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reddings Park |
| Feb 2024 | Anti-social behaviour | On or near Reddings Park | |
| Feb 2024 | Anti-social behaviour | On or near Reddings Park |