£246,177
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 9 Mar 2018 |
| £143,000 | 28 Jun 2006 |
| £130,000 | 12 Feb 2004 |
| £65,000 | 22 Nov 1999 |
| £45,500 | 27 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 March 2018 the House Price Index for GLOUCESTERSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £195,000 results in an estimated price of approximately £246,177.
| 9 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £195,000 | £51,177 | £246,177 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 37.998 % | £74,096 | £269,096 |
| 3 Month Average | 13.442 % | £26,211 | £221,211 |
| 6 Month Average | 26.594 % | £51,857 | £246,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £213,857 | £210,000 | 21 REDDINGS PARK |
| 29 Mar 2023 | £137,293 | £135,000 | 63 REDDINGS PARK |
| 28 Oct 2022 | £124,584 | £125,000 | 37 REDDINGS PARK |
| 29 Jul 2022 | £214,651 | £212,500 | 43 REDDINGS PARK |
| 12 Jul 2022 | £126,265 | £125,000 | 31 REDDINGS PARK |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Nov 2017. Using an estimated price of £246,177 means this house is valued at £4,734 per sq meter (£439 per sq foot).
The average size of a house on REDDINGS ROAD is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Reddings Park | |
| Jun 2024 | Anti-social behaviour | On or near Reddings Park | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Reddings Park |
| Jun 2024 | Anti-social behaviour | On or near Reddings Park | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Reddings Park |