£310,184
This estimated value is based upon the latest sale price for the house of £119,950 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,950 | 29 Nov 2002 |
| £55,000 | 1 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 November 2002 the House Price Index for GLOUCESTERSHIRE was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £119,950 results in an estimated price of approximately £310,184.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £119,950 | £190,234 | £310,184 |
The Postcode Pricing Model uses changes in average sales price within the GL15 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 | 113.957 % | £136,691 | £256,641 |
| 3 Month Average | 100.878 % | £121,003 | £240,953 |
| 6 Month Average | 122.069 % | £146,421 | £266,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £193,392 | £189,000 | 26 MOUNT PLEASANT |
| 13 Oct 2023 | £245,578 | £240,000 | 60 LAKESIDE AVENUE |
| 20 Jun 2023 | £165,313 | £162,000 | 48 MOUNT PLEASANT |
| 29 Mar 2023 | £233,906 | £230,000 | 74 LAKESIDE AVENUE |
| 24 Mar 2023 | £203,397 | £200,000 | 44 LAKESIDE AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Oct 2014. Using an estimated price of £310,185 means this house is valued at £5,639 per sq meter (£523 per sq foot).
The average size of a house on LAKESIDE AVENUE is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Faller Fields |
| May 2024 | Anti-social behaviour | On or near Faller Fields | |
| May 2024 | Anti-social behaviour | On or near Faller Fields | |
| May 2024 | Anti-social behaviour | On or near Faller Fields |