£257,279
This estimated value is based upon the latest sale price for the house of £226,000 on 20 May 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £226,000 | 20 May 2021 |
| £192,995 | 28 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,240 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 May 2021 the House Price Index for GLOUCESTERSHIRE was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £226,000 results in an estimated price of approximately £257,279.
| 20 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £226,000 | £31,279 | £257,279 |
The Postcode Pricing Model uses changes in average sales price within the GL18 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 | 2.773 % | £6,267 | £232,267 |
| 3 Month Average | -5.887 % | £-13,304 | £212,695 |
| 6 Month Average | 31.417 % | £71,001 | £297,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £317,204 | £310,000 | 41 MEEK ROAD |
| 15 Feb 2023 | £251,681 | £250,000 | 7 MAY HILL VIEW |
| 27 Jan 2023 | £345,924 | £345,000 | 18 ONSLOW ROAD |
| 18 Nov 2022 | £368,278 | £370,000 | 26 MEEK ROAD |
| 24 May 2022 | £379,897 | £370,000 | 20 MEEK ROAD |
This house has a floor area of 115 sq meters or 1,240 sq feet when measured on 20 Jan 2011. Using an estimated price of £257,279 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on MAY HILL VIEW is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near May Hill View |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near May Hill View |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near May Hill View |
| Sep 2024 | Anti-social behaviour | On or near Oak Tree Way | |
| Sep 2024 | Anti-social behaviour | On or near Oak Tree Way |