£213,761
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 8 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for GLOUCESTERSHIRE was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £175,000 results in an estimated price of approximately £213,761.
| 8 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £175,000 | £38,761 | £213,761 |
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 | 50.905 % | £89,084 | £264,084 |
| 3 Month Average | 22.889 % | £40,054 | £215,054 |
| 6 Month Average | 17.227 % | £30,146 | £205,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £270,110 | £265,000 | 24 SUMMER CRESCENT |
| 4 Aug 2023 | £299,320 | £297,500 | 38 RESERVOIR CLOSE |
| 12 Jul 2023 | £274,093 | £271,500 | 154 SUMMER STREET |
| 14 Apr 2023 | £327,434 | £325,000 | 105 LANGTOFT ROAD |
| 29 Mar 2023 | £361,957 | £360,000 | 146 SUMMER STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Aug 2019. Using an estimated price of £213,761 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on SUMMER CRESCENT is 104 sq meters (1,124 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Summer Crescent |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Summer Crescent |
| Mar 2024 | Anti-social behaviour | On or near Summer Crescent | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summer Crescent |
| Mar 2024 | Anti-social behaviour | On or near Summer Crescent |