£296,855
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 28 Jan 2022 |
| £224,000 | 18 Dec 2015 |
| Terraced |
| 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 2022 the House Price Index for GLOUCESTERSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £280,000 results in an estimated price of approximately £296,855.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £280,000 | £16,855 | £296,855 |
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 | -11.931 % | £-33,407 | £246,592 |
| 3 Month Average | 2.949 % | £8,256 | £288,256 |
| 6 Month Average | 6.585 % | £18,438 | £298,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2022 | £168,604 | £165,000 | 18 MULBERRY ROAD |
| 16 Jun 2022 | £301,444 | £295,000 | 32 CHESTNUT ROAD |
| 28 Jan 2022 | £296,856 | £280,000 | 40 LANCASTER ROAD |
| 22 Dec 2021 | £345,379 | £320,000 | 2 ROBINSWOOD CLOSE |
| 4 Nov 2021 | £272,380 | £250,000 | 10 LANCASTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Laurel Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Road |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Yew Tree Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Westonbirt Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Road |