£793,221
This estimated value is based upon the latest sale price for the house of £555,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £555,000 | 7 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 August 2015 the House Price Index for GLOUCESTERSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £555,000 results in an estimated price of approximately £793,221.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £555,000 | £238,221 | £793,221 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 59.314 % | £329,194 | £884,194 |
| 3 Month Average | 38.131 % | £211,627 | £766,627 |
| 6 Month Average | 33.859 % | £187,915 | £742,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £886,937 | £875,000 | 21 GRACE GARDENS |
| 23 Feb 2022 | £786,521 | £750,000 | 6 REDGROVE PARK |
| 8 Dec 2021 | £846,388 | £790,000 | 98 REDGROVE PARK |
| 30 Jun 2021 | £981,726 | £915,000 | 28 GRACE GARDENS |
| 25 Jun 2021 | £885,163 | £825,000 | 37 REDGROVE PARK |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 17 Apr 2015. Using an estimated price of £793,221 means this house is valued at £5,747 per sq meter (£534 per sq foot).
The average size of a house on REDGROVE PARK is 174 sq meters (1,874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redgrove Park |
| Dec 2023 | Anti-social behaviour | On or near Grace Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Grace Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Grace Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Grace Gardens |