£103,220
This estimated value is based upon the latest sale price for the house of £65,000 on 25 Jul 2007. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£65,000 | 25 Jul 2007 |
£47,000 | 15 Oct 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 July 2007 the House Price Index for GLOUCESTERSHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £65,000 results in an estimated price of approximately £103,220.
25 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.801 % | £65,000 | £38,220 | £103,220 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 85.065 % | £55,291 | £120,291 |
3 Month Average | 43.945 % | £28,563 | £93,563 |
6 Month Average | 63.452 % | £41,243 | £106,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £204,648 | £200,000 | 2 COBHAM ROAD |
27 Apr 2023 | £76,430 | £75,000 | 10 COBHAM COURT |
17 Feb 2023 | £251,681 | £250,000 | 290 SWINDON ROAD |
17 Feb 2023 | £110,740 | £110,000 | 5 COBHAM COURT |
29 Jul 2022 | £223,237 | £221,000 | 25 HOPE STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 29 Jun 2012. Using an estimated price of £103,221 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on WATERLOO STREET is 44 sq meters (480 sq feet).