£123,422
This estimated value is based upon the latest sale price for the house of £115,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 10 Sep 2021 |
| £85,000 | 17 Feb 2005 |
| £30,000 | 30 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 September 2021 the House Price Index for GLOUCESTERSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £115,000 results in an estimated price of approximately £123,422.
| 10 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £115,000 | £8,422 | £123,422 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 91.402 % | £105,112 | £220,112 |
| 3 Month Average | 31.665 % | £36,414 | £151,414 |
| 6 Month Average | 9.072 % | £10,433 | £125,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £173,278 | £170,000 | 19 MELMORE GARDENS |
| 14 Dec 2023 | £150,854 | £148,000 | 1 MELMORE GARDENS |
| 19 Jun 2023 | £168,869 | £167,500 | 45 MELMORE GARDENS |
| 16 Jun 2023 | £196,594 | £195,000 | 42 SIDDINGTON ROAD |
| 9 Jun 2023 | £134,087 | £133,000 | 28 MELMORE GARDENS |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 2 Jul 2018. Using an estimated price of £123,423 means this house is valued at £2,742 per sq meter (£254 per sq foot).
The average size of a house on MELMORE GARDENS is 48 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Melmore Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melmore Gardens |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Kingsmead |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsmead |
| Apr 2024 | Burglary | Under investigation | On or near Kingsmead |