£165,072
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 1 Dec 2023 |
| £140,000 | 28 Aug 2018 |
| £122,000 | 9 Feb 2007 |
| £87,000 | 30 Apr 2004 |
| £48,000 | 25 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 December 2023 the House Price Index for SOUTH GLOUCESTERSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £160,000 results in an estimated price of approximately £165,072.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £160,000 | £5,072 | £165,072 |
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 | 176.572 % | £282,514 | £442,514 |
| 3 Month Average | 1.922 % | £3,075 | £163,075 |
| 6 Month Average | 11.975 % | £19,160 | £179,160 |
| 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 |
| 9 Jun 2023 | £156,741 | £153,600 | 31 CHILTERN CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Oct 2014. Using an estimated price of £165,072 means this house is valued at £2,501 per sq meter (£232 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Malvern Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Malvern Drive |
| Jul 2024 | Anti-social behaviour | On or near Malvern Drive | |
| Jul 2024 | Anti-social behaviour | On or near Malvern Drive |