£181,099
This estimated value is based upon the latest sale price for the house of £95,500 on 11 Nov 2004. 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 |
---|---|
£95,500 | 11 Nov 2004 |
£42,500 | 28 Mar 2003 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 742 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 November 2004 the House Price Index for GLOUCESTERSHIRE was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £95,500 results in an estimated price of approximately £181,099.
11 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £95,500 | £85,599 | £181,099 |
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 | 27.720 % | £26,472 | £121,972 |
3 Month Average | 41.715 % | £39,837 | £135,337 |
6 Month Average | 71.072 % | £67,873 | £163,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £236,128 | £232,500 | 29 FRIARS ORCHARD |
3 Oct 2023 | £217,950 | £213,000 | 19 CHILLINGWORTH MEWS |
11 Oct 2022 | £99,667 | £100,000 | 31 PARLIAMENT STREET |
15 Jul 2022 | £94,951 | £94,000 | FLAT 9 LESANNE COURT PARLIAMENT STREET |
14 Apr 2022 | £133,827 | £129,000 | 33A PARLIAMENT STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Jun 2014. Using an estimated price of £181,099 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on PARLIAMENT STREET is 59 sq meters (641 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 |