£169,208
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Nov 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 4 Nov 2022 |
| £119,500 | 28 Jul 2006 |
| £112,000 | 22 Dec 2004 |
| £68,000 | 3 Jun 2004 |
| £48,000 | 8 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2022 the House Price Index for GLOUCESTERSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £170,000 results in an estimated price of approximately £169,208.
| 4 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £170,000 | £-791 | £169,208 |
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 | -42.493 % | £-72,237 | £97,762 |
| 3 Month Average | -15.932 % | £-27,083 | £142,916 |
| 6 Month Average | 6.983 % | £11,871 | £181,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £85,745 | £85,000 | FLAT 2 44 - 46 WORCESTER STREET |
| 19 Apr 2024 | £181,577 | £180,000 | 59 WORCESTER STREET |
| 8 Nov 2023 | £389,897 | £380,000 | 16 WORCESTER STREET |
| 14 Jun 2023 | £285,216 | £279,500 | 72 ST CATHERINE STREET |
| 15 Mar 2023 | £193,227 | £190,000 | 16 WORCESTER PARADE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Oct 2014. Using an estimated price of £169,209 means this house is valued at £1,944 per sq meter (£180 per sq foot).
The average size of a house on WORCESTER STREET is 109 sq meters (1,182 sq feet).