£902,550
This estimated value is based upon the latest sale price for the house of £488,500 on 9 Jan 2009. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £488,500 | 9 Jan 2009 |
| £200,000 | 4 Sep 2000 |
| £30,000 | 14 Mar 1995 |
| Terraced |
| Freehold |
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 January 2009 the House Price Index for GLOUCESTERSHIRE was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £488,500 results in an estimated price of approximately £902,550.
| 9 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 149.7 | 84.760 % | £488,500 | £414,050 | £902,550 |
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 | 61.720 % | £301,502 | £790,002 |
| 3 Month Average | 78.091 % | £381,475 | £869,975 |
| 6 Month Average | 64.731 % | £316,210 | £804,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £4,616,459 | £4,616,459 | 88 PROMENADE |
| 25 Mar 2024 | £1,548,796 | £1,525,000 | 94 PROMENADE |
| 28 Jun 2023 | £1,240,867 | £1,216,000 | 66 - 68 PROMENADE |
| 23 Jun 2023 | £229,601 | £225,000 | 6A THE CLARENCE CLARENCE PARADE |
| 13 Apr 2023 | £738,819 | £725,000 | 3 CRESCENT PLACE |