£282,162
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Nov 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 27 Nov 2023 |
| £172,000 | 6 Jun 2017 |
| £142,500 | 14 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2023 the House Price Index for GLOUCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £275,000 results in an estimated price of approximately £282,162.
| 27 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £275,000 | £7,162 | £282,162 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 12.264 % | £33,726 | £308,726 |
| 3 Month Average | -12.854 % | £-35,347 | £239,652 |
| 6 Month Average | -15.357 % | £-42,232 | £232,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £259,989 | £252,000 | 29 SEVERN ROAD |
| 27 Nov 2023 | £282,162 | £275,000 | 7 SEVERN ROAD |
| 6 Oct 2023 | £332,553 | £325,000 | 5 WORKMANS CLOSE |
| 1 Sep 2023 | £235,184 | £230,000 | 6 SEVERN ROAD |
| 27 Mar 2023 | £223,736 | £220,000 | 39 SEVERN ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Apr 2017. Using an estimated price of £282,162 means this house is valued at £3,865 per sq meter (£359 per sq foot).
The average size of a house on SEVERN ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Severn Road |
| Aug 2024 | Anti-social behaviour | On or near Severn Road | |
| Aug 2024 | Other crime | Under investigation | On or near Severn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Road |
| Aug 2024 | Anti-social behaviour | On or near Severn Road |