£156,073
This estimated value is based upon the latest sale price for the house of £143,250 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,250 | 26 Nov 2021 |
| £108,500 | 25 Jul 2014 |
| £110,000 | 3 Sep 2004 |
| £81,000 | 27 Jan 2004 |
| £59,000 | 5 Dec 2001 |
| £24,000 | 9 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 342 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 2021 the House Price Index for GLOUCESTERSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £143,250 results in an estimated price of approximately £156,073.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £143,250 | £12,823 | £156,073 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 15.134 % | £21,679 | £164,929 |
| 3 Month Average | 17.549 % | £25,139 | £168,389 |
| 6 Month Average | -2.732 % | £-3,913 | £139,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £237,291 | £230,000 | 4 SUFFOLK MEWS |
| 13 Sep 2023 | £158,494 | £155,000 | FLAT 7 5 SUFFOLK SQUARE |
| 31 Aug 2023 | £880,888 | £865,000 | 63 MONTPELLIER TERRACE |
| 18 Aug 2023 | £392,071 | £385,000 | 38 SUFFOLK PARADE |
| 30 Jun 2023 | £341,851 | £335,000 | 2 SUFFOLK MEWS |
This house has a floor area of 31 sq meters or 342 sq feet when measured on 15 Aug 2011. Using an estimated price of £156,074 means this house is valued at £4,909 per sq meter (£456 per sq foot).
The average size of a house on SUFFOLK SQUARE is 94 sq meters (1,017 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (342 sq feet).