£478,942
This estimated value is based upon the latest sale price for the house of £385,000 on 26 Sep 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 26 Sep 2018 |
| £370,000 | 25 Jun 2014 |
| £341,000 | 30 Oct 2009 |
| Detached |
| Freehold |
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 September 2018 the House Price Index for GLOUCESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £385,000 results in an estimated price of approximately £478,942.
| 26 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £385,000 | £93,942 | £478,942 |
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 | -9.180 % | £-35,341 | £349,658 |
| 3 Month Average | 1.962 % | £7,552 | £392,552 |
| 6 Month Average | 20.143 % | £77,549 | £462,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £281,391 | £275,000 | 19 DARREN ROAD |
| 22 Sep 2023 | £298,582 | £292,000 | 59 HILLCREST ROAD |
| 24 Jun 2022 | £242,688 | £237,500 | WUM COVERHAM ROAD |
| 3 Nov 2021 | £253,858 | £233,000 | 39 PARK ROAD |
| 10 Sep 2021 | £298,532 | £275,000 | 5 DARREN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Darren Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bath Place |