£229,345
This estimated value is based upon the latest sale price for the house of £168,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,000 | 12 Feb 2016 |
| £110,000 | 24 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2016 the House Price Index for GLOUCESTERSHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £168,000 results in an estimated price of approximately £229,345.
| 12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £168,000 | £61,345 | £229,345 |
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 | 111.457 % | £187,248 | £355,248 |
| 3 Month Average | 53.399 % | £89,710 | £257,710 |
| 6 Month Average | 41.050 % | £68,964 | £236,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £218,829 | £215,000 | 4 SOMERSET AVENUE |
| 28 Jul 2023 | £304,093 | £300,000 | 55 SOMERSET AVENUE |
| 29 Jul 2022 | £235,634 | £235,000 | 34 DORSET AVENUE |
| 27 May 2022 | £270,089 | £265,000 | 42 DORSET AVENUE |
| 15 Feb 2022 | £209,739 | £200,000 | 17 NORFOLK AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Oct 2015. Using an estimated price of £229,346 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on DORSET AVENUE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Dorset Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Dorset Avenue | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Buckingham Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Buckingham Avenue |