£392,508
This estimated value is based upon the latest sale price for the house of £315,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 10 Aug 2018 |
| £294,000 | 17 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 August 2018 the House Price Index for GLOUCESTERSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £315,000 results in an estimated price of approximately £392,508.
| 10 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £315,000 | £77,508 | £392,508 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | -18.364 % | £-57,847 | £257,152 |
| 3 Month Average | -1.873 % | £-5,899 | £309,100 |
| 6 Month Average | 15.251 % | £48,040 | £363,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £148,370 | £145,000 | FLAT 25 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 14 Aug 2023 | £193,490 | £190,000 | FLAT 8 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 28 Apr 2023 | £388,262 | £381,000 | 27 BROOKBANK CLOSE |
| 7 Oct 2022 | £174,417 | £175,000 | FLAT 26 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 5 Apr 2022 | £176,362 | £170,000 | FLAT 20 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 20 May 2009. Using an estimated price of £392,509 means this house is valued at £4,478 per sq meter (£416 per sq foot).
The average size of a house on BROOKBANK CLOSE is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Honeybourne Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honeybourne Way |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Brookbank Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookbank Close |
| Aug 2024 | Anti-social behaviour | On or near Great Western Terrace |