£208,972
This estimated value is based upon the latest sale price for the house of £192,500 on 1 Sep 2021. 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 Friars Orchard
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| Price Paid | Date |
|---|---|
| £192,500 | 1 Sep 2021 |
| £179,995 | 4 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2021 the House Price Index for GLOUCESTERSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £192,500 results in an estimated price of approximately £208,972.
| 1 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £192,500 | £16,472 | £208,972 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | -29.030 % | £-55,882 | £136,617 |
| 3 Month Average | -15.336 % | £-29,521 | £162,978 |
| 6 Month Average | -3.993 % | £-7,685 | £184,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £300,000 | £300,000 | PRIORY HOUSE GREYFRIARS |
| 15 Mar 2024 | £236,128 | £232,500 | 29 FRIARS ORCHARD |
| 11 Oct 2022 | £99,667 | £100,000 | 31 PARLIAMENT STREET |
| 11 Aug 2022 | £168,287 | £167,500 | FLAT 5 51 FRIARS ORCHARD |
| 31 May 2022 | £205,350 | £200,000 | FLAT 33 51 FRIARS ORCHARD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Oct 2015. Using an estimated price of £208,972 means this house is valued at £2,579 per sq meter (£239 per sq foot).
The average size of a house on FRIARS ORCHARD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Friars Orchard |
| Aug 2024 | Anti-social behaviour | On or near Friars Orchard | |
| Aug 2024 | Anti-social behaviour | On or near Friars Orchard | |
| Aug 2024 | Anti-social behaviour | On or near Friars Orchard | |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Friars Orchard |