£280,839
This estimated value is based upon the latest sale price for the house of £223,500 on 25 May 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £223,500 | 25 May 2018 |
| Detached |
| 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 May 2018 the House Price Index for GLOUCESTERSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £223,500 results in an estimated price of approximately £280,839.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £223,500 | £57,339 | £280,839 |
The Postcode Pricing Model uses changes in average sales price within the GL4 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 | 22.165 % | £49,539 | £273,039 |
| 3 Month Average | 34.316 % | £76,697 | £300,197 |
| 6 Month Average | 29.638 % | £66,240 | £289,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £276,232 | £271,250 | 4 TERN CLOSE |
| 7 Jun 2023 | £206,641 | £202,500 | 24 REDSTART WAY |
| 5 Jun 2023 | £255,112 | £250,000 | 148 CONEY HILL ROAD |
| 2 Jun 2023 | £297,971 | £292,000 | 40 THRUSH CLOSE |
| 15 Aug 2022 | £301,409 | £300,000 | 9A HAWTHORNE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Tern Close | |
| Jul 2024 | Anti-social behaviour | On or near Tern Close | |
| Jul 2024 | Anti-social behaviour | On or near Tern Close | |
| Jul 2024 | Anti-social behaviour | On or near Tern Close | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tern Close |