£534,560
This estimated value is based upon the latest sale price for the house of £510,000 on 6 Jan 2022. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £510,000 | 6 Jan 2022 |
| £210,000 | 30 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,026 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in January 2022 the House Price Index for SOUTH GLOUCESTERSHIRE was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £510,000 results in an estimated price of approximately £534,560.
| 6 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £510,000 | £24,560 | £534,560 |
The Postcode Pricing Model uses changes in average sales price within the BS15 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 | -11.386 % | £-58,066 | £451,933 |
| 3 Month Average | -5.626 % | £-28,690 | £481,309 |
| 6 Month Average | 4.817 % | £24,564 | £534,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £448,485 | £440,000 | 32 MONKTON ROAD |
| 4 Dec 2023 | £509,591 | £499,950 | 47 MEMORIAL ROAD |
| 21 Apr 2023 | £579,306 | £575,000 | 10 LAUNCESTON AVENUE |
| 16 Feb 2023 | £338,399 | £340,000 | 103 MEMORIAL ROAD |
| 6 Jan 2022 | £534,561 | £510,000 | 61 MEMORIAL ROAD |
This house has a floor area of 95 sq meters or 1,026 sq feet when measured on 6 Oct 2010. Using an estimated price of £534,561 means this house is valued at £5,606 per sq meter (£520 per sq foot).
The average size of a house on MEMORIAL ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Monkton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Memorial Road |
| Mar 2024 | Anti-social behaviour | On or near Memorial Road | |
| Mar 2024 | Anti-social behaviour | On or near Memorial Road | |
| Jan 2024 | Burglary | Under investigation | On or near Cherington |