£311,995
This estimated value is based upon the latest sale price for the house of £79,995 on 6 Mar 2000. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £79,995 | 6 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 March 2000 the House Price Index for GLOUCESTERSHIRE was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £79,995 results in an estimated price of approximately £311,995.
| 6 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 149.7 | 290.019 % | £79,995 | £232,000 | £311,995 |
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 | 321.622 % | £257,281 | £337,276 |
| 3 Month Average | 231.433 % | £185,135 | £265,130 |
| 6 Month Average | 218.905 % | £175,112 | £255,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £155,000 | £155,000 | 30 MELMORE GARDENS |
| 25 Apr 2024 | £252,190 | £250,000 | 67 ROSE WAY |
| 14 Dec 2023 | £152,692 | £148,000 | 1 MELMORE GARDENS |
| 30 Nov 2023 | £294,988 | £287,500 | 83 ROSE WAY |
| 6 Oct 2023 | £281,391 | £275,000 | 62 ROSE WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Apr 2012. Using an estimated price of £311,996 means this house is valued at £5,672 per sq meter (£527 per sq foot).
The average size of a house on ROSE WAY is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rose Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Way |
| Sep 2024 | Public order | Under investigation | On or near Melmore Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melmore Gardens |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Cricklade Road |