£269,344
This estimated value is based upon the latest sale price for the house of £218,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 7 Nov 2019 |
| £175,000 | 10 Mar 2017 |
| Terraced |
| 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 November 2019 the House Price Index for GLOUCESTERSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £218,000 results in an estimated price of approximately £269,344.
| 7 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £218,000 | £51,344 | £269,344 |
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 | -4.153 % | £-9,053 | £208,946 |
| 3 Month Average | 15.216 % | £33,169 | £251,169 |
| 6 Month Average | 18.570 % | £40,482 | £258,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £237,392 | £232,000 | 4 OSBOURNE TERRACE |
| 4 Aug 2023 | £376,796 | £370,000 | 1 ALBION TERRACE |
| 8 Nov 2022 | £552,417 | £555,000 | HIRAM HOUSE SPRING LANE |
| 5 Aug 2022 | £366,464 | £364,750 | TREETOPS ROPE WALK |
| 29 Apr 2022 | £373,472 | £360,000 | 2 ALBION TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Lane |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Lane |
| May 2024 | Anti-social behaviour | On or near The Rope Walk | |
| May 2024 | Anti-social behaviour | On or near The Rope Walk | |
| May 2024 | Anti-social behaviour | On or near The Rope Walk |