£162,621
This estimated value is based upon the latest sale price for the house of £131,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 30 Nov 2018 |
| £74,500 | 2 Aug 2002 |
| £59,950 | 19 Oct 2001 |
| £30,500 | 4 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 486 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 2018 the House Price Index for GLOUCESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £131,000 results in an estimated price of approximately £162,621.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £131,000 | £31,621 | £162,621 |
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 | 14.906 % | £19,526 | £150,526 |
| 3 Month Average | 1.522 % | £1,993 | £132,993 |
| 6 Month Average | 11.344 % | £14,860 | £145,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £80,214 | £80,000 | FLAT 1 ORCHARD COURT ORCHARD AVENUE |
| 30 Nov 2022 | £169,209 | £170,000 | 47 ORCHARD AVENUE |
| 18 Nov 2022 | £248,836 | £250,000 | 17 ORCHARD AVENUE |
| 26 Aug 2022 | £301,409 | £300,000 | 182 BROOKLYN ROAD |
| 29 Jul 2022 | £196,974 | £195,000 | 30 TANNERS ROAD |
This house has a floor area of 45 sq meters or 486 sq feet when measured on 29 Mar 2012. Using an estimated price of £162,622 means this house is valued at £3,597 per sq meter (£334 per sq foot).
The average size of a house on ORCHARD AVENUE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Avenue |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Orchard Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Orchard Avenue |
| May 2024 | Public order | Unable to prosecute suspect | On or near Orchard Avenue |
| Apr 2024 | Anti-social behaviour | On or near Orchard Avenue |