£687,114
This estimated value is based upon the latest sale price for the house of £535,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £535,000 | 31 Jul 2017 |
| £217,000 | 24 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 July 2017 the House Price Index for GLOUCESTERSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £535,000 results in an estimated price of approximately £687,114.
| 31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £535,000 | £152,114 | £687,114 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 51.068 % | £273,212 | £808,212 |
| 3 Month Average | 35.902 % | £192,078 | £727,078 |
| 6 Month Average | 31.053 % | £166,133 | £701,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £290,523 | £288,000 | 1 UPPER BATH STREET |
| 11 Dec 2023 | £534,422 | £518,000 | 12 GRATTON STREET |
| 15 Nov 2023 | £343,725 | £335,000 | 11 VICTORIA RETREAT |
| 6 Mar 2023 | £675,277 | £664,000 | 5 GRATTON STREET |
| 1 Mar 2023 | £488,152 | £480,000 | 44 SUFFOLK ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Apr 2017. Using an estimated price of £687,114 means this house is valued at £6,027 per sq meter (£559 per sq foot).
The average size of a house on COMMERCIAL STREET is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gratton Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gratton Street |
| Jun 2024 | Anti-social behaviour | On or near Gratton Street | |
| Jun 2024 | Anti-social behaviour | On or near Gratton Street | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gratton Street |