£343,317
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Gannaway Lane
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| Price Paid | Date |
|---|---|
| £275,000 | 30 Jul 2018 |
| £205,000 | 29 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2018 the House Price Index for GLOUCESTERSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £275,000 results in an estimated price of approximately £343,317.
| 30 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £275,000 | £68,317 | £343,317 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | 22.435 % | £61,697 | £336,697 |
| 3 Month Average | 6.650 % | £18,286 | £293,286 |
| 6 Month Average | 18.830 % | £51,782 | £326,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £451,963 | £442,000 | 23 ELMVIL ROAD |
| 23 Jun 2023 | £251,031 | £246,000 | 30 FURROWFIELD PARK |
| 2 Jun 2023 | £342,871 | £336,000 | 9 ELMVIL ROAD |
| 30 Jan 2023 | £1,143,054 | £1,140,000 | WESTERN HOUSE FURROWFIELD PARK |
| 14 Oct 2022 | £313,951 | £315,000 | 6 ELMVIL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Apr 2014. Using an estimated price of £343,318 means this house is valued at £3,269 per sq meter (£303 per sq foot).
The average size of a house on ELMVIL ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Gannaway Lane |
| Aug 2024 | Burglary | Under investigation | On or near Gannaway Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Walton Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Wellfield |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Brensham Road |