£251,630
This estimated value is based upon the latest sale price for the house of £170,000 on 30 Apr 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 30 Apr 2015 |
| £48,250 | 9 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 873 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 April 2015 the House Price Index for GLOUCESTERSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £170,000 results in an estimated price of approximately £251,630.
| 30 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £170,000 | £81,630 | £251,630 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 37.166 % | £63,182 | £233,182 |
| 3 Month Average | 32.570 % | £55,369 | £225,369 |
| 6 Month Average | 43.228 % | £73,486 | £243,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £244,779 | £239,220 | 71 MEDOC CLOSE |
| 18 Sep 2023 | £352,777 | £345,000 | 10 SENECA WAY |
| 9 Feb 2023 | £317,118 | £315,000 | 20 MEDOC CLOSE |
| 1 Jul 2022 | £257,581 | £255,000 | 64 MEDOC CLOSE |
| 30 Jun 2022 | £291,225 | £285,000 | 56 MEDOC CLOSE |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 7 Feb 2012. Using an estimated price of £251,631 means this house is valued at £3,099 per sq meter (£287 per sq foot).
The average size of a house on MEDOC CLOSE is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Medoc Close |
| Oct 2024 | Shoplifting | Under investigation | On or near Windyridge Road |
| Oct 2024 | Robbery | Under investigation | On or near Windyridge Road |
| Oct 2024 | Robbery | Under investigation | On or near Windyridge Road |
| Oct 2024 | Possession of weapons | Under investigation | On or near Windyridge Road |