£373,243
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Forest Rise
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| Price Paid | Date |
|---|---|
| £80,000 | 30 Oct 1998 |
| Detached |
| Freehold |
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 1998 the House Price Index for GLOUCESTERSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £80,000 results in an estimated price of approximately £373,243.
| 30 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £80,000 | £293,243 | £373,243 |
The Postcode Pricing Model uses changes in average sales price within the GL14 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 | 358.990 % | £287,192 | £367,192 |
| 3 Month Average | 362.826 % | £290,261 | £370,261 |
| 6 Month Average | 365.015 % | £292,012 | £372,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Oct 2024 | £227,000 | £227,000 | 10 FOREST RISE |
| 31 Jan 2023 | £215,576 | £215,000 | BLUEBELLS FOREST RISE |
| 20 Jan 2023 | £199,032 | £198,500 | 8 SEVERN VIEW |
| 25 Aug 2022 | £263,231 | £262,000 | 3 ROYAL FORESTERS COURT |
| 19 Jul 2022 | £227,277 | £225,000 | 32 YORK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Forest Rise |
| Jul 2024 | Anti-social behaviour | On or near Beacons View Road | |
| Jul 2024 | Anti-social behaviour | On or near Beacons View Road | |
| Jul 2024 | Anti-social behaviour | On or near Beacons View Road | |
| Jul 2024 | Anti-social behaviour | On or near Beacons View Road |