£185,622
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Mar 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Mar 2015 |
| £138,000 | 25 Apr 2008 |
| £135,000 | 14 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 March 2015 the House Price Index for GLOUCESTERSHIRE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £125,000 results in an estimated price of approximately £185,622.
| 9 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £125,000 | £60,622 | £185,622 |
The Postcode Pricing Model uses changes in average sales price within the GL17 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 | 90.434 % | £113,043 | £238,043 |
| 3 Month Average | 69.153 % | £86,441 | £211,441 |
| 6 Month Average | 69.648 % | £87,059 | £212,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £464,030 | £460,000 | 2 FOREST VIEW |
| 5 Apr 2024 | £822,139 | £815,000 | THE HALT CHURCH HILL |
| 1 Dec 2023 | £216,657 | £210,000 | VALLEY HOUSE |
| 20 Apr 2023 | £315,909 | £310,000 | THE COTTAGE UPHILL ROAD |
| 27 Jan 2023 | £300,804 | £300,000 | THE PRINCE OF WALES |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Nov 2014. Using an estimated price of £185,622 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on MERTHYR TERRACE is 98 sq meters (1,060 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near School Road |
| Oct 2024 | Anti-social behaviour | On or near Uphill Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Uphill Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Uphill Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Church Hill |