£109,923
This estimated value is based upon the latest sale price for the house of £90,000 on 23 Oct 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Pitman Road
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| Price Paid | Date |
|---|---|
| £90,000 | 23 Oct 2019 |
| £54,000 | 21 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 October 2019 the House Price Index for GLOUCESTERSHIRE was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £90,000 results in an estimated price of approximately £109,923.
| 23 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £90,000 | £19,923 | £109,923 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | -25.825 % | £-23,242 | £66,757 |
| 3 Month Average | -0.011 % | £-10 | £89,989 |
| 6 Month Average | 10.947 % | £9,852 | £99,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2022 | £344,415 | £350,000 | 2 WORDSWORTH AVENUE |
| 1 Aug 2022 | £339,705 | £342,000 | 6 WORDSWORTH AVENUE |
| 20 Jan 2022 | £366,856 | £350,000 | 1 WORDSWORTH AVENUE |
| 17 Jun 2021 | £112,202 | £105,000 | 75 PITMAN ROAD |
| 3 Dec 2020 | £296,058 | £259,000 | 11 WORDSWORTH AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 26 Nov 2011. Using an estimated price of £109,923 means this house is valued at £1,691 per sq meter (£157 per sq foot).
The average size of a house on PITMAN ROAD is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pitman Road |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Pitman Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Pitman Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Pitman Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pitman Road |