£314,057
This estimated value is based upon the latest sale price for the house of £172,000 on 23 Nov 2005. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 23 Nov 2005 |
| Detached |
| Leasehold |
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 November 2005 the House Price Index for GLOUCESTERSHIRE was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £172,000 results in an estimated price of approximately £314,057.
| 23 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £172,000 | £142,057 | £314,057 |
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 | 78.057 % | £134,258 | £306,258 |
| 3 Month Average | 83.896 % | £144,300 | £316,300 |
| 6 Month Average | 85.351 % | £146,803 | £318,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £337,439 | £330,000 | JACOBS HOUSE LOWER MILL |
| 2 Aug 2023 | £422,622 | £415,000 | PIKE HOUSE LOWER MILL LANE |
| 1 Jun 2022 | £618,215 | £605,000 | PLOT 106 CLEARWATER MILL LANE |
| 26 May 2022 | £564,712 | £550,000 | FREETH HOUSE MILL LANE |
| 7 Dec 2020 | £596,604 | £516,000 | ORIOLE HOUSE CLEARWATER MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Mill Lane |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| May 2024 | Burglary | Under investigation | On or near Water Lane |
| Jul 2024 | Anti-social behaviour | On or near Spratsgate Lane |