£210,256
This estimated value is based upon the latest sale price for the house of £205,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 7 Apr 2022 |
| £254,950 | 19 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 April 2022 the House Price Index for GLOUCESTERSHIRE was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £205,000 results in an estimated price of approximately £210,256.
| 7 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £205,000 | £5,256 | £210,256 |
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 | 69.981 % | £143,460 | £348,460 |
| 3 Month Average | 28.895 % | £59,234 | £264,234 |
| 6 Month Average | 12.943 % | £26,532 | £231,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £582,478 | £575,000 | 7 GRANTLEY CRESCENT |
| 14 Nov 2023 | £470,034 | £464,000 | 35 SOMERFORD ROAD |
| 2 Jun 2023 | £451,158 | £447,500 | 2 CHESTERTON GROVE |
| 20 May 2022 | £311,632 | £307,000 | 2 GARDEN CLOSE |
| 21 Apr 2022 | £230,769 | £225,000 | APARTMENT 19 BEECHAM LODGE SOMERFORD ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 18 Nov 2015. Using an estimated price of £210,256 means this house is valued at £4,043 per sq meter (£375 per sq foot).
The average size of a house on SOMERFORD ROAD is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Limes Close | |
| Apr 2024 | Anti-social behaviour | On or near Limes Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Street |
| Jan 2024 | Anti-social behaviour | On or near Mount Street | |
| Jan 2024 | Anti-social behaviour | On or near Mount Street |