£316,123
This estimated value is based upon the latest sale price for the house of £215,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 29 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2015 the House Price Index for GLOUCESTERSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £215,000 results in an estimated price of approximately £316,123.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £215,000 | £101,123 | £316,123 |
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 | 2.523 % | £5,423 | £220,423 |
| 3 Month Average | 43.612 % | £93,764 | £308,764 |
| 6 Month Average | 52.285 % | £112,411 | £327,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £326,179 | £324,000 | 69 MEREVALE ROAD |
| 20 Jan 2023 | £165,442 | £165,000 | FLAT 6 COLEBRIDGE HOUSE APARTMENTS, 82 - 84 CHELTENHAM ROAD |
| 18 Jul 2022 | £476,777 | £472,000 | 50 RIVERSLEY ROAD |
| 24 Jun 2022 | £477,201 | £467,000 | 47 RIVERSLEY ROAD |
| 3 May 2022 | £184,763 | £179,950 | FLAT 5 COLEBRIDGE HOUSE APARTMENTS, 82 - 84 CHELTENHAM ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Mar 2015. Using an estimated price of £316,124 means this house is valued at £3,327 per sq meter (£309 per sq foot).
The average size of a house on MEREVALE ROAD is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Riversley Road | |
| Aug 2024 | Anti-social behaviour | On or near Colebridge Court | |
| Aug 2024 | Anti-social behaviour | On or near Colebridge Court | |
| Aug 2024 | Anti-social behaviour | On or near Colebridge Court |