£368,046
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Sep 2005. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£200,000 | 28 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 September 2005 the House Price Index for GLOUCESTERSHIRE was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £200,000 results in an estimated price of approximately £368,046.
28 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 149.7 | 84.023 % | £200,000 | £168,046 | £368,046 |
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 | 92.516 % | £185,032 | £385,032 |
3 Month Average | 86.581 % | £173,162 | £373,162 |
6 Month Average | 87.049 % | £174,098 | £374,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £397,500 | £397,500 | 41 SPRINGFIELD DRIVE |
6 Dec 2023 | £180,548 | £175,000 | 8 SEVEN STARS ROAD |
5 Dec 2023 | £108,329 | £105,000 | 2 SPRINGFIELD DRIVE |
21 Aug 2023 | £302,964 | £297,500 | 49 SPRINGFIELD DRIVE |
19 Jun 2023 | £87,759 | £86,000 | 136 HIGH STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 30 Sep 2019. Using an estimated price of £368,046 means this house is valued at £3,717 per sq meter (£345 per sq foot).
The average size of a house on SPRINGFIELD DRIVE is 115 sq meters (1,247 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Drive |
Sep 2024 | Anti-social behaviour | On or near Springfield Drive | |
Sep 2024 | Anti-social behaviour | On or near Springfield Drive | |
Jul 2024 | Anti-social behaviour | On or near Springfield Drive | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Drive |