£354,530
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 9 Oct 2020 |
| £225,000 | 6 Jun 2014 |
| £170,000 | 28 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 October 2020 the House Price Index for GLOUCESTERSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £300,000 results in an estimated price of approximately £354,530.
| 9 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £300,000 | £54,530 | £354,530 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | 26.803 % | £80,408 | £380,408 |
| 3 Month Average | 17.835 % | £53,504 | £353,504 |
| 6 Month Average | 15.463 % | £46,388 | £346,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £511,366 | £510,000 | 2 CRESCENTDALE |
| 21 Oct 2022 | £283,055 | £284,000 | 23 CATHERINE PLACE |
| 5 Aug 2022 | £276,292 | £275,000 | 51 WINTER GATE ROAD |
| 18 Mar 2022 | £304,828 | £292,000 | 1 OSWALDS CLOSE |
| 14 Jan 2022 | £318,059 | £300,000 | 57 WINTER GATE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Jan 2020. Using an estimated price of £354,530 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on LONGFORD LANE is 107 sq meters (1,155 sq feet).