£274,959
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£270,000 | 4 Aug 2023 |
£193,500 | 2 Aug 2019 |
£79,950 | 20 Oct 2000 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 August 2023 the House Price Index for GLOUCESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £270,000 results in an estimated price of approximately £274,959.
4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £270,000 | £4,959 | £274,959 |
The Postcode Pricing Model uses changes in average sales price within the GL17 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 | 0.693 % | £1,870 | £271,870 |
3 Month Average | -17.698 % | £-47,783 | £222,216 |
6 Month Average | -22.729 % | £-61,368 | £208,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £430,939 | £420,000 | MOUNT PLEASANT KINGSWAY LANE |
1 Sep 2023 | £276,086 | £270,000 | 10 CAUDLE CLOSE |
11 Aug 2023 | £188,398 | £185,000 | 7 CAUDLE CLOSE |
4 Aug 2023 | £274,959 | £270,000 | 5 SPRING PLACE |
27 Jan 2023 | £235,630 | £235,000 | 17 THE MALTINGS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Apr 2019. Using an estimated price of £274,959 means this house is valued at £3,273 per sq meter (£304 per sq foot).
There is one other house on the street which we know the size of, this is 1 SPRING PLACE it is 107.0
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Place |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsway Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsway Lane |
Jul 2024 | Anti-social behaviour | On or near West End | |
Jul 2024 | Anti-social behaviour | On or near West End |