£221,291
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Sep 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 29 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2020 the House Price Index for GLOUCESTERSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £185,000 results in an estimated price of approximately £221,291.
| 29 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £185,000 | £36,291 | £221,291 |
The Postcode Pricing Model uses changes in average sales price within the GL3 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 | 20.498 % | £37,921 | £222,921 |
| 3 Month Average | 3.796 % | £7,022 | £192,022 |
| 6 Month Average | 17.843 % | £33,010 | £218,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £216,403 | £212,500 | 10 LOVAGE CLOSE |
| 7 Jul 2022 | £191,873 | £189,950 | 8 WISTERIA WAY |
| 17 Jan 2022 | £229,003 | £216,000 | 316 INNSWORTH LANE |
| 30 Sep 2021 | £195,402 | £180,000 | 2 JAPONICA CLOSE |
| 29 Sep 2020 | £221,292 | £185,000 | 322 INNSWORTH LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Dec 2019. Using an estimated price of £221,292 means this house is valued at £2,766 per sq meter (£256 per sq foot).
The average size of a house on INNSWORTH LANE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Clarkia Close |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Clarkia Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarkia Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarkia Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarkia Close |