£188,292
This estimated value is based upon the latest sale price for the house of £155,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 24 Jan 2020 |
| £110,000 | 22 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2020 the House Price Index for GLOUCESTERSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £155,000 results in an estimated price of approximately £188,292.
| 24 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £155,000 | £33,292 | £188,292 |
The Postcode Pricing Model uses changes in average sales price within the GL16 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 | 25.521 % | £39,556 | £194,556 |
| 3 Month Average | 17.796 % | £27,583 | £182,583 |
| 6 Month Average | 13.250 % | £20,537 | £175,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £299,950 | £299,950 | 3 POOLWAY PLACE |
| 17 Nov 2023 | £278,576 | £275,000 | 28 POOLWAY PLACE |
| 3 Nov 2023 | £154,990 | £153,000 | 21 SPRINGFIELD CLOSE |
| 7 Jun 2022 | £393,993 | £390,000 | 1 POOLWAY RISE |
| 7 Jun 2022 | £298,020 | £295,000 | 15 PIKE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Nov 2019. Using an estimated price of £188,292 means this house is valued at £2,510 per sq meter (£233 per sq foot).
The average size of a house on PIKE ROAD is 103 sq meters (1,118 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Langetts Road |