£189,150
This estimated value is based upon the latest sale price for the house of £152,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £152,000 | 1 Feb 2019 |
| £94,000 | 23 Sep 2013 |
| £85,000 | 14 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in February 2019 the House Price Index for SOUTH GLOUCESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £152,000 results in an estimated price of approximately £189,150.
| 1 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £152,000 | £37,150 | £189,150 |
The Postcode Pricing Model uses changes in average sales price within the BS30 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 | 80.429 % | £122,252 | £274,252 |
| 3 Month Average | 35.960 % | £54,659 | £206,659 |
| 6 Month Average | 29.856 % | £45,381 | £197,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £165,072 | £160,000 | 89 MALVERN DRIVE |
| 26 Sep 2023 | £173,832 | £170,000 | 81 MALVERN DRIVE |
| 21 Sep 2023 | £102,254 | £100,000 | 70 MALVERN DRIVE |
| 22 Aug 2023 | £93,690 | £92,000 | 96 MALVERN DRIVE |
| 11 Aug 2023 | £302,455 | £297,000 | 7 CHEVIOT WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Jun 2021. Using an estimated price of £189,151 means this house is valued at £2,781 per sq meter (£258 per sq foot).
The average size of a house on MALVERN DRIVE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cheviot Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cheviot Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rogers Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rogers Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rogers Close |