£420,940
This estimated value is based upon the latest sale price for the house of £195,000 on 16 Jan 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 16 Jan 2004 |
| Detached |
| Freehold |
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 January 2004 the House Price Index for GLOUCESTERSHIRE was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £195,000 results in an estimated price of approximately £420,940.
| 16 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £195,000 | £225,940 | £420,940 |
The Postcode Pricing Model uses changes in average sales price within the GL3 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 | 84.168 % | £164,126 | £359,126 |
| 3 Month Average | 100.883 % | £196,721 | £391,721 |
| 6 Month Average | 103.650 % | £202,116 | £397,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £160,000 | £160,000 | 2 BLACKSMITH LANE |
| 8 Dec 2023 | £68,092 | £66,000 | FLAT 30 SWEETBRIAR HOUSE CHAPEL HAY LANE |
| 21 Nov 2023 | £76,081 | £74,150 | FLAT 11 SWEETBRIAR HOUSE CHAPEL HAY LANE |
| 31 Oct 2023 | £526,969 | £515,000 | 3 THE CHASE |
| 11 Aug 2023 | £458,265 | £450,000 | AMBLESIDE, 13 THE PIECE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Blacksmith Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Anti-social behaviour | On or near The Avenue | |
| Sep 2024 | Anti-social behaviour | On or near The Avenue | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Albemarle Road |