£197,636
This estimated value is based upon the latest sale price for the house of £150,000 on 9 Nov 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 9 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2016 the House Price Index for GLOUCESTERSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £150,000 results in an estimated price of approximately £197,636.
| 9 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £150,000 | £47,636 | £197,636 |
The Postcode Pricing Model uses changes in average sales price within the GL56 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 | 16.227 % | £24,340 | £174,340 |
| 3 Month Average | 27.362 % | £41,043 | £191,043 |
| 6 Month Average | 29.825 % | £44,737 | £194,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £182,705 | £180,000 | 3 THE GROVE |
| 25 Aug 2023 | £590,163 | £585,000 | IVY STUMP COTTAGE LONDON ROAD |
| 7 Oct 2022 | £19,342 | £19,550 | 1 OLD WELLINGTON COURT LONDON ROAD |
| 10 Aug 2022 | £418,872 | £420,000 | 27 MOSEDALE |
| 20 Apr 2022 | £141,597 | £137,500 | 3B ERRINGTON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Jun 2016. Using an estimated price of £197,636 means this house is valued at £3,659 per sq meter (£340 per sq foot).
The average size of a house on ERRINGTON ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near A44 |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A44 |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near A44 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Grove |