£134,087
This estimated value is based upon the latest sale price for the house of £133,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,000 | 9 Jun 2023 |
| £55,750 | 19 Oct 2001 |
| £46,000 | 31 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 June 2023 the House Price Index for GLOUCESTERSHIRE was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £133,000 results in an estimated price of approximately £134,087.
| 9 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £133,000 | £1,087 | £134,087 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 41.149 % | £54,727 | £187,727 |
| 3 Month Average | -3.395 % | £-4,514 | £128,485 |
| 6 Month Average | -8.775 % | £-11,670 | £121,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £173,278 | £170,000 | 19 MELMORE GARDENS |
| 14 Dec 2023 | £150,854 | £148,000 | 1 MELMORE GARDENS |
| 19 Jun 2023 | £168,869 | £167,500 | 45 MELMORE GARDENS |
| 9 Jun 2023 | £134,087 | £133,000 | 28 MELMORE GARDENS |
| 1 Jun 2023 | £161,308 | £160,000 | 44 MELMORE GARDENS |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 28 Nov 2018. Using an estimated price of £134,087 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on MELMORE GARDENS is 48 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Melmore Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melmore Gardens |
| Apr 2024 | Anti-social behaviour | On or near Cricklade Road | |
| Mar 2024 | Anti-social behaviour | On or near Cricklade Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cricklade Road |