£1,126,470
This estimated value is based upon the latest sale price for the house of £1,097,124 on 24 May 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£1,097,124 | 24 May 2022 |
£520,000 | 6 Jul 2006 |
£235,000 | 24 Aug 1998 |
Terraced |
Freehold |
Floor Area: 171 sq meters or 1,847 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 May 2022 the House Price Index for GLOUCESTERSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £1,097,124 results in an estimated price of approximately £1,126,470.
24 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £1,097,124 | £29,346 | £1,126,470 |
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 | 13.522 % | £148,353 | £1,245,477 |
3 Month Average | 28.786 % | £315,818 | £1,412,942 |
6 Month Average | 4.267 % | £46,815 | £1,143,939 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £229,234 | £230,000 | FLAT 4 VINE HOUSE, 35 MONTPELLIER VILLAS |
30 Aug 2022 | £477,232 | £475,000 | GARDEN FLAT 101 MONTPELLIER TERRACE |
11 Aug 2022 | £306,433 | £305,000 | FLAT 3 89 MONTPELLIER TERRACE |
20 Jun 2022 | £332,099 | £325,000 | FLAT 10 LANGTON COURT, 94 MONTPELLIER TERRACE |
24 May 2022 | £1,126,471 | £1,097,124 | 2 CALDERWOOD COURT MONTPELLIER PARADE |
This house has a floor area of 171 sq meters or 1,847 sq feet when measured on 11 Apr 2011. Using an estimated price of £1,126,471 means this house is valued at £6,564 per sq meter (£609 per sq foot).
The average size of a house on MONTPELLIER PARADE is 128 sq meters (1,387 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Calderwood Court | |
Jun 2024 | Anti-social behaviour | On or near Calderwood Court | |
May 2024 | Drugs | Under investigation | On or near Calderwood Court |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Calderwood Court |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Calderwood Court |