£97,207
This estimated value is based upon the latest sale price for the house of £95,000 on 4 Oct 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 4 Oct 2023 |
| £93,500 | 16 Aug 2019 |
| £88,000 | 24 Feb 2017 |
| £82,500 | 12 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2023 the House Price Index for GLOUCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £95,000 results in an estimated price of approximately £97,207.
| 4 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £95,000 | £2,207 | £97,207 |
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 | -9.970 % | £-9,471 | £85,528 |
| 3 Month Average | -7.247 % | £-6,884 | £88,115 |
| 6 Month Average | -4.065 % | £-3,861 | £91,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £97,208 | £95,000 | 67 PITMAN ROAD |
| 17 Feb 2023 | £430,375 | £427,500 | 10 CAMPDEN ROAD |
| 29 Nov 2022 | £348,371 | £350,000 | 2 WORDSWORTH AVENUE |
| 1 Aug 2022 | £343,607 | £342,000 | 6 WORDSWORTH AVENUE |
| 20 Jan 2022 | £371,069 | £350,000 | 1 WORDSWORTH AVENUE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 Jan 2016. Using an estimated price of £97,208 means this house is valued at £2,068 per sq meter (£192 per sq foot).
The average size of a house on PITMAN ROAD is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wordsworth Avenue |