£227,378
This estimated value is based upon the latest sale price for the house of £183,000 on 29 Jul 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £183,000 | 29 Jul 2019 |
| £58,000 | 26 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2019 the House Price Index for GLOUCESTERSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £183,000 results in an estimated price of approximately £227,378.
| 29 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £183,000 | £44,378 | £227,378 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | 26.765 % | £48,980 | £231,980 |
| 3 Month Average | 17.251 % | £31,569 | £214,569 |
| 6 Month Average | 10.766 % | £19,701 | £202,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £269,135 | £265,000 | 43 NORTHWAY LANE |
| 30 Oct 2023 | £262,973 | £257,000 | 2 WELL CLOSE |
| 29 Sep 2023 | £280,176 | £274,000 | 46 WESTFIELD AVENUE |
| 10 Mar 2023 | £257,297 | £253,000 | 55 KINGSTON ROAD |
| 2 Nov 2022 | £328,464 | £330,000 | 1 WESTFIELD AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 Mar 2019. Using an estimated price of £227,378 means this house is valued at £2,583 per sq meter (£240 per sq foot).
The average size of a house on NORTHWAY LANE is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Westfield Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Westfield Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Well Close |
| Apr 2024 | Anti-social behaviour | On or near Well Close |