£222,871
This estimated value is based upon the latest sale price for the house of £165,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 18 Mar 2016 |
| £114,800 | 28 Nov 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for GLOUCESTERSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £165,000 results in an estimated price of approximately £222,871.
| 18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £165,000 | £57,871 | £222,871 |
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 | 48.125 % | £79,406 | £244,406 |
| 3 Month Average | 13.722 % | £22,641 | £187,641 |
| 6 Month Average | 24.044 % | £39,672 | £204,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £72,574 | £71,500 | FLAT 23 SOMERSET HOUSE KNAPP ROAD |
| 31 Aug 2023 | £179,067 | £177,500 | FLAT 1 16 NEW STREET |
| 25 Aug 2023 | £519,545 | £515,000 | BLOOMSBURY HOUSE, 7 KNAPP ROAD |
| 16 Jun 2023 | £657,970 | £650,000 | CHAPEL ARTS KNAPP ROAD |
| 1 Nov 2022 | £222,307 | £225,000 | 18 CHAPEL STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Jun 2020. Using an estimated price of £222,872 means this house is valued at £3,053 per sq meter (£283 per sq foot).
The average size of a house on NEW STREET is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Royal Oak Mews |
| Mar 2024 | Anti-social behaviour | On or near Chapel Street | |
| Feb 2024 | Anti-social behaviour | On or near Chapel Street | |
| Feb 2024 | Burglary | Under investigation | On or near Chapel Street |
| Feb 2024 | Anti-social behaviour | On or near Chapel Street |