£597,778
This estimated value is based upon the latest sale price for the house of £585,000 on 13 Jun 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£585,000 | 13 Jun 2022 |
£585,000 | 13 Jun 2022 |
£450,000 | 27 Apr 2018 |
£394,950 | 30 Jun 2015 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 June 2022 the House Price Index for GLOUCESTERSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £585,000 results in an estimated price of approximately £597,778.
13 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £585,000 | £12,778 | £597,778 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 23.646 % | £138,331 | £723,331 |
3 Month Average | 3.518 % | £20,577 | £605,577 |
6 Month Average | 8.133 % | £47,576 | £632,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £454,706 | £447,720 | YELLS YARD CIRENCESTER ROAD |
11 Mar 2024 | £142,266 | £140,080 | THE SHACK CIRENCESTER ROAD |
12 Dec 2023 | £314,669 | £305,000 | 18 BETTERTONS CLOSE |
3 Oct 2023 | £777,662 | £760,000 | 5 MILKING PATH WAY |
2 Aug 2023 | £264,775 | £260,000 | 48 BETTERTONS CLOSE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 8 Dec 2014. Using an estimated price of £597,778 means this house is valued at £4,180 per sq meter (£388 per sq foot).
The average size of a house on PIPS FIELD WAY is 163 sq meters (1,754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Jacobs Piece |
Sep 2024 | Anti-social behaviour | On or near Lambe Close | |
Sep 2024 | Anti-social behaviour | On or near Lambe Close | |
Sep 2024 | Anti-social behaviour | On or near Lambe Close | |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horcott Road |