£306,598
This estimated value is based upon the latest sale price for the house of £244,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £244,000 | 4 May 2018 |
| £172,000 | 2 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 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 £244,000 results in an estimated price of approximately £306,598.
| 4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £244,000 | £62,598 | £306,598 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | -1.984 % | £-4,840 | £239,159 |
| 3 Month Average | 24.432 % | £59,613 | £303,613 |
| 6 Month Average | 30.559 % | £74,562 | £318,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £399,064 | £390,000 | 12 THISTLEBANK |
| 1 Sep 2022 | £249,833 | £250,000 | 6 FERNDALE CLOSE |
| 28 Mar 2022 | £344,498 | £330,000 | 84 LONGSTONE AVENUE |
| 21 Feb 2022 | £279,961 | £265,000 | 11 FIRETHORNE CLOSE |
| 24 Nov 2021 | £319,229 | £293,000 | 4 FIRETHORNE CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 17 Oct 2017. Using an estimated price of £306,599 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on FERNDALE CLOSE is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Thistlebank | |
| Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Ferndale Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brionne Way |