£199,531
This estimated value is based upon the latest sale price for the house of £195,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 16 Oct 2023 |
£67,000 | 16 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 October 2023 the House Price Index for GLOUCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £195,000 results in an estimated price of approximately £199,531.
16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £195,000 | £4,531 | £199,531 |
The Postcode Pricing Model uses changes in average sales price within the GL6 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 | 69.236 % | £135,010 | £330,010 |
3 Month Average | -12.526 % | £-24,424 | £170,575 |
6 Month Average | -14.365 % | £-28,011 | £166,988 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £215,000 | £215,000 | FLAT 6 CECILY COURT CAMBRIDGE WAY |
16 Oct 2023 | £199,532 | £195,000 | FLAT 25 CECILY COURT CAMBRIDGE WAY |
6 Oct 2023 | £306,972 | £300,000 | 4 TRAP HOUSE COURT WEST END |
20 Sep 2023 | £347,664 | £340,000 | 11 PARK TERRACE |
4 Sep 2023 | £276,086 | £270,000 | FLAT 1 CECILY COURT CAMBRIDGE WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Oct 2021. Using an estimated price of £199,532 means this house is valued at £3,440 per sq meter (£319 per sq foot).
The average size of a house on CAMBRIDGE WAY is 55 sq meters (599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West End |
May 2024 | Anti-social behaviour | On or near West End | |
May 2024 | Anti-social behaviour | On or near West End | |
May 2024 | Anti-social behaviour | On or near West End | |
Apr 2024 | Anti-social behaviour | On or near West End |