£337,475
This estimated value is based upon the latest sale price for the house of £114,950 on 15 May 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,950 | 15 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 May 2002 the House Price Index for GLOUCESTERSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £114,950 results in an estimated price of approximately £337,475.
| 15 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £114,950 | £222,525 | £337,475 |
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 | 179.161 % | £205,945 | £320,895 |
| 3 Month Average | 131.758 % | £151,455 | £266,405 |
| 6 Month Average | 167.366 % | £192,387 | £307,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £861,471 | £835,000 | VICTORIA HOUSE, 1 GLOUCESTER ROAD |
| 14 Sep 2023 | £230,072 | £225,000 | 21 RUSSELL STREET |
| 13 Sep 2023 | £255,635 | £250,000 | 26 CHARLES STREET |
| 1 Sep 2023 | £230,072 | £225,000 | 17 RUSSELL STREET |
| 1 Jun 2023 | £209,192 | £205,000 | 12 RUSSELL STREET |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 10 Aug 2016. Using an estimated price of £337,476 means this house is valued at £2,657 per sq meter (£246 per sq foot).
The average size of a house on CLEEVELAND STREET is 84 sq meters (907 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).