£124,583
This estimated value is based upon the latest sale price for the house of £100,000 on 30 Apr 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£100,000 | 30 Apr 2019 |
£91,000 | 9 May 2008 |
£18,000 | 30 Jan 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 April 2019 the House Price Index for GLOUCESTERSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £100,000 results in an estimated price of approximately £124,583.
30 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £100,000 | £24,583 | £124,583 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 1.366 % | £1,365 | £101,365 |
3 Month Average | -3.201 % | £-3,200 | £96,799 |
6 Month Average | 10.702 % | £10,701 | £110,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 May 2024 | £120,000 | £120,000 | 88 EASTGATE STREET |
22 Apr 2024 | £244,624 | £242,500 | 3 RUSSELL STREET |
21 Dec 2023 | £257,926 | £250,000 | 4 - 6 RUSSELL STREET |
10 Nov 2023 | £179,558 | £175,000 | 2 BEDFORD STREET |
1 Nov 2023 | £85,162 | £83,000 | 10A BEDFORD STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Aug 2014. Using an estimated price of £124,583 means this house is valued at £1,832 per sq meter (£170 per sq foot).
The average size of a house on RUSSELL STREET is 120 sq meters (1,291 sq feet).