£158,055
This estimated value is based upon the latest sale price for the house of £127,000 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Old Hospital Lane
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| Price Paid | Date |
|---|---|
| £127,000 | 27 Mar 2019 |
| £125,000 | 8 Dec 2006 |
| £80,000 | 4 Jul 2003 |
| £46,000 | 20 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 March 2019 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 24.453%.Applying this 24.453% change to the original purchase price of £127,000 results in an estimated price of approximately £158,055.
| 27 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £127,000 | £31,055 | £158,055 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | -9.863 % | £-12,525 | £114,474 |
| 3 Month Average | 8.142 % | £10,340 | £137,340 |
| 6 Month Average | 22.235 % | £28,238 | £155,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £168,000 | £168,000 | TABBY'S NOOK, 1 - 2 TRACY ROW |
| 27 Nov 2023 | £338,595 | £330,000 | 4 MYTHE ROAD |
| 20 Oct 2023 | £172,928 | £169,000 | 7 WELL ALLEY |
| 10 Oct 2023 | £184,183 | £180,000 | 1 GRAVEL WALK |
| 24 Mar 2023 | £223,736 | £220,000 | 6 GRAVEL WALK |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Jan 2019. Using an estimated price of £158,056 means this house is valued at £2,591 per sq meter (£240 per sq foot).
There is one other house on the street which we know the size of, this is 4 OLD HOSPITAL LANE it is 62.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hospital Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Old Hospital Lane |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Old Hospital Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hospital Lane |
| Jul 2024 | Anti-social behaviour | On or near Old Hospital Lane |