£92,661
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£75,000 | 28 Jun 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 June 2019 the House Price Index for GLOUCESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £75,000 results in an estimated price of approximately £92,661.
28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £75,000 | £17,661 | £92,661 |
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 | -25.552 % | £-19,164 | £55,835 |
3 Month Average | -0.514 % | £-385 | £74,614 |
6 Month Average | 5.568 % | £4,175 | £79,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £191,807 | £190,000 | 25 ARTHUR STREET |
17 Jun 2022 | £314,444 | £310,000 | 17 ARTHUR STREET |
14 Mar 2022 | £155,439 | £150,000 | 8 KINGS BARTON STREET |
8 Mar 2022 | £290,153 | £280,000 | 46 TRIER WAY |
25 Feb 2022 | £79,701 | £76,000 | FLAT 2 10 ARTHUR STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 11 Oct 2017. Using an estimated price of £92,662 means this house is valued at £2,895 per sq meter (£269 per sq foot).
The average size of a house on TRIER WAY is 51 sq meters (556 sq feet).