£234,383
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Apr 2023 |
| £125,000 | 3 Aug 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,109 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 April 2023 the House Price Index for GLOUCESTERSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £230,000 results in an estimated price of approximately £234,383.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £230,000 | £4,383 | £234,383 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 5.597 % | £12,872 | £242,872 |
| 3 Month Average | -7.399 % | £-17,016 | £212,983 |
| 6 Month Average | -2.582 % | £-5,937 | £224,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £178,945 | £175,000 | 26 MAGDALA ROAD |
| 11 Sep 2023 | £143,156 | £140,000 | 36 MAGDALA ROAD |
| 29 Jun 2023 | £147,965 | £145,000 | 42 DERBY ROAD |
| 28 Apr 2023 | £234,384 | £230,000 | 40 DERBY ROAD |
| 28 Mar 2023 | £188,142 | £185,000 | 24 HETHERSETT ROAD |
This house has a floor area of 103 sq meters or 1,109 sq feet when measured on 23 Oct 2009. Using an estimated price of £234,384 means this house is valued at £2,274 per sq meter (£211 per sq foot).
The average size of a house on DERBY ROAD is 116 sq meters (1,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Magdala Road | |
| Oct 2024 | Anti-social behaviour | On or near Magdala Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Magdala Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Magdala Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Magdala Road |