£496,350
This estimated value is based upon the latest sale price for the house of £285,000 on 21 Oct 2011. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 21 Oct 2011 |
| £298,000 | 8 Jun 2007 |
| £248,000 | 25 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,650 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 2011 the House Price Index for GLOUCESTERSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £285,000 results in an estimated price of approximately £496,350.
| 21 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £285,000 | £211,350 | £496,350 |
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 | 38.553 % | £109,874 | £394,874 |
| 3 Month Average | 68.574 % | £195,435 | £480,435 |
| 6 Month Average | 74.313 % | £211,792 | £496,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £183,127 | £177,500 | 1 THE DEBORS MEREVALE ROAD |
| 7 Feb 2023 | £193,291 | £192,000 | 4 THE DEBORS MEREVALE ROAD |
| 18 Jul 2022 | £476,777 | £472,000 | 50 RIVERSLEY ROAD |
| 24 Jun 2022 | £477,201 | £467,000 | 47 RIVERSLEY ROAD |
| 23 Jul 2021 | £659,930 | £570,000 | 56 RIVERSLEY ROAD |
This house has a floor area of 153 sq meters or 1,650 sq feet when measured on 15 Apr 2009. Using an estimated price of £496,350 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on MEREVALE ROAD is 112 sq meters (1,209 sq feet).
This house is the largest in the street with a floor area of 153 sq meters (1,650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Riversley Road | |
| Aug 2024 | Anti-social behaviour | On or near Colebridge Court | |
| Aug 2024 | Anti-social behaviour | On or near Colebridge Court | |
| Aug 2024 | Anti-social behaviour | On or near Colebridge Court | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Argyll Road |