£559,774
This estimated value is based upon the latest sale price for the house of £450,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 15 Jun 2018 |
| £97,950 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 June 2018 the House Price Index for GLOUCESTERSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £450,000 results in an estimated price of approximately £559,774.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £450,000 | £109,774 | £559,774 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | -15.206 % | £-68,425 | £381,574 |
| 3 Month Average | -11.223 % | £-50,501 | £399,498 |
| 6 Month Average | 12.173 % | £54,777 | £504,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £455,978 | £448,000 | 25 GREAT WESTERN TERRACE |
| 17 Aug 2023 | £226,986 | £225,000 | 78 MILLBROOK STREET |
| 11 Aug 2023 | £192,686 | £191,000 | APARTMENT 7 117A ST GEORGES ROAD |
| 10 Feb 2023 | £339,771 | £340,000 | 12 GREAT WESTERN TERRACE |
| 9 Feb 2023 | £197,867 | £198,000 | 1 GREAT WESTERN TERRACE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 18 Apr 2018. Using an estimated price of £559,774 means this house is valued at £4,177 per sq meter (£388 per sq foot).
The average size of a house on GREAT WESTERN TERRACE is 100 sq meters (1,086 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Great Western Terrace |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Great Western Terrace |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St George'S Drive |