£138,083
This estimated value is based upon the latest sale price for the house of £59,000 on 4 Jul 2003. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 4 Jul 2003 |
| £24,950 | 14 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2003 the House Price Index for GLOUCESTERSHIRE was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £59,000 results in an estimated price of approximately £138,083.
| 4 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £59,000 | £79,083 | £138,083 |
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 | 186.590 % | £110,088 | £169,088 |
| 3 Month Average | 102.435 % | £60,436 | £119,436 |
| 6 Month Average | 113.710 % | £67,089 | £126,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £165,000 | £165,000 | 9 STRATTON ROAD |
| 10 May 2024 | £134,000 | £134,000 | 48 HOPEWELL STREET |
| 11 Aug 2023 | £168,031 | £165,000 | 109 RYECROFT STREET |
| 23 Jun 2023 | £172,456 | £169,000 | 9 HOPEWELL STREET |
| 28 Apr 2023 | £153,878 | £151,000 | 12 HOPEWELL STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 Feb 2018. Using an estimated price of £138,084 means this house is valued at £1,816 per sq meter (£168 per sq foot).
The average size of a house on HOPEWELL STREET is 84 sq meters (913 sq feet).