£160,471
This estimated value is based upon the latest sale price for the house of £40,000 on 28 Jan 2000. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£40,000 | 28 Jan 2000 |
£34,000 | 12 Feb 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 444 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 January 2000 the House Price Index for GLOUCESTERSHIRE was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £40,000 results in an estimated price of approximately £160,471.
28 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.3 | 149.7 | 301.178 % | £40,000 | £120,471 | £160,471 |
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 | 276.259 % | £110,503 | £150,503 |
3 Month Average | 282.110 % | £112,844 | £152,844 |
6 Month Average | 268.143 % | £107,257 | £147,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £240,000 | £240,000 | 129 RIVER LEYS |
29 Jun 2023 | £178,579 | £175,000 | 142 RIVER LEYS |
13 Jun 2023 | £97,963 | £96,000 | 39 RIVER LEYS |
28 Apr 2023 | £214,003 | £210,000 | 115 RIVER LEYS |
3 Mar 2023 | £124,581 | £122,500 | 4 YEEND CLOSE |
This house has a floor area of 41 sq meters or 444 sq feet when measured on 10 Jun 2009. Using an estimated price of £160,471 means this house is valued at £3,882 per sq meter (£360 per sq foot).
The average size of a house on YEEND CLOSE is 56 sq meters (610 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near River Leys |