£180,983
This estimated value is based upon the latest sale price for the house of £65,500 on 23 Aug 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £65,500 | 23 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2002 the House Price Index for GLOUCESTERSHIRE was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £65,500 results in an estimated price of approximately £180,983.
| 23 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £65,500 | £115,483 | £180,983 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 252.128 % | £165,143 | £230,643 |
| 3 Month Average | 144.161 % | £94,425 | £159,925 |
| 6 Month Average | 164.495 % | £107,744 | £173,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £165,000 | £165,000 | 9 STRATTON ROAD |
| 10 May 2024 | £134,000 | £134,000 | 48 HOPEWELL STREET |
| 27 Oct 2023 | £142,230 | £139,000 | 93 RYECROFT STREET |
| 23 Jun 2023 | £172,456 | £169,000 | 9 HOPEWELL STREET |
| 28 Apr 2023 | £153,878 | £151,000 | 12 HOPEWELL STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 3 Jun 2013. Using an estimated price of £180,983 means this house is valued at £1,723 per sq meter (£160 per sq foot).
The average size of a house on STRATTON ROAD is 116 sq meters (1,251 sq feet).