£283,386
This estimated value is based upon the latest sale price for the house of £232,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,000 | 22 Nov 2019 |
| £170,000 | 30 Jun 2016 |
| £162,000 | 27 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 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 22.149%.Applying this 22.149% change to the original purchase price of £232,000 results in an estimated price of approximately £283,386.
| 22 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £232,000 | £51,386 | £283,386 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | 50.905 % | £118,100 | £350,100 |
| 3 Month Average | 22.889 % | £53,101 | £285,101 |
| 6 Month Average | 17.227 % | £39,965 | £271,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £253,802 | £249,000 | 21 WESTRIP PLACE |
| 13 Apr 2023 | £151,123 | £150,000 | 24 THE MARTINS |
| 30 Mar 2023 | £279,008 | £277,500 | 13 THE MARTINS |
| 6 Jan 2023 | £327,127 | £330,000 | 1 ST MICHAELS PLACE |
| 11 Nov 2022 | £263,723 | £268,000 | 3 ST MICHAELS PLACE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Nov 2015. Using an estimated price of £283,387 means this house is valued at £3,587 per sq meter (£333 per sq foot).
The average size of a house on THE MARTINS is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Westrip Place |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Westrip Place |
| Feb 2024 | Anti-social behaviour | On or near Hawthorn Rise | |
| Feb 2024 | Anti-social behaviour | On or near Hawthorn Rise | |
| Feb 2024 | Anti-social behaviour | On or near Hawthorn Rise |