£137,798
This estimated value is based upon the latest sale price for the house of £111,000 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £111,000 | 29 Oct 2018 |
| £85,000 | 28 Nov 2017 |
| £180,000 | 16 Jan 2001 |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2018 the House Price Index for GLOUCESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £111,000 results in an estimated price of approximately £137,798.
| 29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £111,000 | £26,798 | £137,798 |
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 | -9.460 % | £-10,501 | £100,498 |
| 3 Month Average | 11.638 % | £12,918 | £123,918 |
| 6 Month Average | 21.148 % | £23,474 | £134,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £84,803 | £83,500 | 3 BULL LANE |
| 8 Nov 2023 | £251,381 | £245,000 | 48 WESTGATE STREET |
| 2 Sep 2022 | £152,898 | £153,000 | 7 CATHEDRAL HOUSE THREE COCKS LANE |
| 10 Mar 2022 | £122,662 | £117,500 | 2 ST MARYS SQUARE |
| 2 Mar 2022 | £212,962 | £204,000 | 42 WESTGATE STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 19 Feb 2019. Using an estimated price of £137,799 means this house is valued at £1,497 per sq meter (£139 per sq foot).
The average size of a house on WESTGATE STREET is 57 sq meters (613 sq feet).