£925,290
This estimated value is based upon the latest sale price for the house of £748,980 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£748,980 | 4 Oct 2019 |
£490,000 | 2 Oct 2008 |
£260,000 | 30 Apr 1999 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 2019 the House Price Index for GLOUCESTERSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £748,980 results in an estimated price of approximately £925,290.
4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £748,980 | £176,310 | £925,290 |
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 | 37.588 % | £281,527 | £1,030,507 |
3 Month Average | 11.752 % | £88,021 | £837,001 |
6 Month Average | 4.311 % | £32,291 | £781,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £407,257 | £401,000 | FLAT 3 MALVERN PRIORS MALVERN PLACE |
10 Nov 2023 | £151,342 | £147,500 | FLAT 6 3 MALVERN PLACE |
12 Sep 2023 | £945,850 | £925,000 | 2 DRAKES PLACE |
13 Sep 2022 | £369,753 | £370,000 | BROUGHAM COTTAGE MALVERN PLACE |
25 Aug 2022 | £1,858,691 | £1,850,000 | 5 CHRISTCHURCH ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 2 Feb 2016. Using an estimated price of £925,290 means this house is valued at £6,337 per sq meter (£588 per sq foot).
The average size of a house on DRAKES PLACE is 165 sq meters (1,779 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Drakes Place | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Drakes Place |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Malvern Place |
Jul 2024 | Anti-social behaviour | On or near Malvern Road | |
Jun 2024 | Anti-social behaviour | On or near Malvern Road |