£493,366
This estimated value is based upon the latest sale price for the house of £315,000 on 31 Oct 2007. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£315,000 | 31 Oct 2007 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,329 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 October 2007 the House Price Index for GLOUCESTERSHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £315,000 results in an estimated price of approximately £493,366.
31 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £315,000 | £178,366 | £493,366 |
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 | 75.437 % | £237,625 | £552,625 |
3 Month Average | 44.831 % | £141,218 | £456,218 |
6 Month Average | 58.172 % | £183,242 | £498,242 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £240,000 | £240,000 | 36A GRIFFITHS AVENUE |
8 Apr 2024 | £519,511 | £515,000 | 303 GLOUCESTER ROAD |
8 Dec 2023 | £278,560 | £270,000 | GRANLEY MEWS GRANLEY DRIVE |
24 Nov 2023 | £374,506 | £365,000 | 8 GRANLEY GARDENS |
16 Jun 2023 | £392,873 | £385,000 | 17 GRANLEY GARDENS |
This house has a floor area of 123 sq meters or 1,329 sq feet when measured on 25 Aug 2010. Using an estimated price of £493,366 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on OLDFIELD CRESCENT is 145 sq meters (1,566 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Oldfield Crescent |
Apr 2024 | Anti-social behaviour | On or near Oldfield Crescent | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Oldfield Crescent |
Apr 2024 | Anti-social behaviour | On or near Oldfield Crescent | |
Apr 2024 | Anti-social behaviour | On or near Oldfield Crescent |