£331,107
This estimated value is based upon the latest sale price for the house of £270,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 2 Oct 2019 |
| £284,000 | 14 Dec 2018 |
| £239,950 | 16 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,010 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 2019 the House Price Index for GLOUCESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £270,000 results in an estimated price of approximately £331,107.
| 2 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £270,000 | £61,107 | £331,107 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 27.786 % | £75,021 | £345,021 |
| 3 Month Average | 24.046 % | £64,923 | £334,923 |
| 6 Month Average | 17.376 % | £46,915 | £316,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £121,554 | £120,000 | 11 LISTER ROAD |
| 17 Aug 2023 | £354,098 | £351,000 | 28 RICARDO DRIVE |
| 11 Aug 2023 | £494,274 | £489,950 | 20 ALEXANDRA CLOSE |
| 14 Feb 2023 | £179,879 | £180,000 | 10 ALEXANDRA CLOSE |
| 19 Mar 2022 | £329,013 | £317,500 | 15 RICARDO DRIVE |
This house has a floor area of 93 sq meters or 1,010 sq feet when measured on 25 Nov 2010. Using an estimated price of £331,107 means this house is valued at £3,525 per sq meter (£327 per sq foot).
The average size of a house on RICARDO DRIVE is 124 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingshill Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingshill Lane |
| Mar 2024 | Public order | Local resolution | On or near Shearing Close |
| Mar 2024 | Public order | Local resolution | On or near Shearing Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shearing Close |