£319,013
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Jul 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2015 the House Price Index for GLOUCESTERSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £220,000 results in an estimated price of approximately £319,013.
| 20 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £220,000 | £99,013 | £319,013 |
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 | 26.052 % | £57,313 | £277,313 |
| 3 Month Average | 48.274 % | £106,202 | £326,202 |
| 6 Month Average | 40.856 % | £89,884 | £309,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £276,275 | £270,000 | 32 NORWICH DRIVE |
| 14 Feb 2023 | £181,714 | £180,500 | 6A CANTERBURY WALK |
| 8 Feb 2023 | £256,715 | £255,000 | 1 MORRIS WALK |
| 4 Nov 2022 | £427,999 | £430,000 | 8 NORWICH DRIVE |
| 3 Aug 2022 | £207,721 | £206,750 | 28B CANTERBURY WALK |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Mar 2015. Using an estimated price of £319,014 means this house is valued at £5,063 per sq meter (£470 per sq foot).
The average size of a house on NORWICH DRIVE is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Norwich Drive |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Norwich Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Norwich Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Norwich Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Winchester Way |