£864,774
This estimated value is based upon the latest sale price for the house of £500,000 on 28 Jun 2006. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 28 Jun 2006 |
| £494,500 | 13 Dec 2004 |
| £350,000 | 2 Mar 2001 |
| 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 June 2006 the House Price Index for GLOUCESTERSHIRE was 85.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.955%.Applying this 72.955% change to the original purchase price of £500,000 results in an estimated price of approximately £864,774.
| 28 Jun 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.0 | 72.955 % | £500,000 | £364,774 | £864,774 |
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 | 18.417 % | £92,084 | £592,084 |
| 3 Month Average | 56.213 % | £281,065 | £781,065 |
| 6 Month Average | 71.758 % | £358,788 | £858,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £883,356 | £875,000 | 21 GRACE GARDENS |
| 23 Feb 2022 | £783,345 | £750,000 | 6 REDGROVE PARK |
| 8 Dec 2021 | £842,970 | £790,000 | 98 REDGROVE PARK |
| 15 Nov 2021 | £732,460 | £680,000 | 25 GRACE GARDENS |
| 30 Jun 2021 | £977,762 | £915,000 | 28 GRACE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grace Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redgrove Park |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Wade Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wade Court |
| Feb 2024 | Bicycle theft | Under investigation | On or near Wade Court |