£338,223
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 28 Aug 2020 |
| £196,000 | 23 Sep 2011 |
| Terraced |
| Freehold |
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 August 2020 the House Price Index for GLOUCESTERSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £280,000 results in an estimated price of approximately £338,223.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £280,000 | £58,223 | £338,223 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | -8.739 % | £-24,468 | £255,531 |
| 3 Month Average | 12.945 % | £36,245 | £316,245 |
| 6 Month Average | 18.453 % | £51,668 | £331,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £634,752 | £625,000 | LOWESWATER BRIDGE ROAD |
| 15 Dec 2023 | £309,511 | £300,000 | 6 PHILLIMORE GARDENS |
| 24 Feb 2023 | £302,017 | £300,000 | 1 THE OVAL |
| 11 Nov 2022 | £641,998 | £645,000 | APPLEBY HOUSE WHITMINSTER LANE |
| 25 Oct 2022 | £324,013 | £325,095 | 2 BRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near The Oval |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lake Lane |
| Aug 2024 | Vehicle crime | Under investigation | On or near Lake Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |