£246,850
This estimated value is based upon the latest sale price for the house of £224,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £224,000 | 29 Oct 2021 |
| £133,500 | 26 Oct 2012 |
| £56,500 | 24 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2021 the House Price Index for GLOUCESTERSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £224,000 results in an estimated price of approximately £246,850.
| 29 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £224,000 | £22,850 | £246,850 |
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 | -20.429 % | £-45,759 | £178,240 |
| 3 Month Average | -0.917 % | £-2,053 | £221,946 |
| 6 Month Average | 5.429 % | £12,160 | £236,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £171,040 | £170,000 | 32 RIVERVIEW WAY |
| 30 Jun 2023 | £226,839 | £225,000 | 22 RIVERVIEW WAY |
| 2 Feb 2023 | £179,153 | £180,000 | 7 RIVERVIEW WAY |
| 5 Jan 2023 | £208,171 | £210,000 | 34 RIVERVIEW WAY |
| 11 Jul 2022 | £401,957 | £402,500 | 2 GLYNBRIDGE GARDENS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Jun 2021. Using an estimated price of £246,850 means this house is valued at £3,047 per sq meter (£283 per sq foot).
The average size of a house on RIVERVIEW WAY is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Riverview Way | |
| Mar 2024 | Anti-social behaviour | On or near Riverview Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverview Way |
| Feb 2024 | Anti-social behaviour | On or near Riverview Way | |
| Feb 2024 | Anti-social behaviour | On or near Riverview Way |