£285,581
This estimated value is based upon the latest sale price for the house of £59,750 on 13 Mar 1998. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,750 | 13 Mar 1998 |
| £48,950 | 20 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| 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 1998 the House Price Index for GLOUCESTERSHIRE was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £59,750 results in an estimated price of approximately £285,581.
| 13 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £59,750 | £225,831 | £285,581 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 331.690 % | £198,184 | £257,934 |
| 3 Month Average | 300.024 % | £179,264 | £239,014 |
| 6 Month Average | 355.472 % | £212,394 | £272,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £388,398 | £385,000 | 38 SUFFOLK PARADE |
| 26 Apr 2023 | £586,313 | £580,000 | 14 SUFFOLK PARADE |
| 21 Feb 2023 | £839,435 | £840,000 | 10 MONTPELLIER VILLAS |
| 17 Jan 2023 | £388,171 | £390,000 | 25 MONTPELLIER VILLAS |
| 28 Oct 2022 | £227,550 | £230,000 | FLAT 4 VINE HOUSE, 35 MONTPELLIER VILLAS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 May 2021. Using an estimated price of £285,581 means this house is valued at £4,681 per sq meter (£434 per sq foot).
The average size of a house on MONTPELLIER VILLAS is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montpellier Villas |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Suffolk Parade |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Suffolk Parade |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Suffolk Parade |
| Feb 2024 | Other crime | Formal action is not in the public interest | On or near Suffolk Parade |