£314,226
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 27 Oct 2017 |
| £190,000 | 30 May 2012 |
| £165,000 | 11 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 768 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 2017 the House Price Index for GLOUCESTERSHIRE was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £250,000 results in an estimated price of approximately £314,226.
| 27 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £250,000 | £64,226 | £314,226 |
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 | -6.835 % | £-17,088 | £232,911 |
| 3 Month Average | 2.735 % | £6,837 | £256,837 |
| 6 Month Average | 1.810 % | £4,524 | £254,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £469,441 | £465,000 | 31 ARTHUR BLISS GARDENS |
| 21 Jun 2022 | £545,529 | £540,000 | 2 EDWARD WILSON VILLAS |
| 18 Nov 2021 | £1,077 | £1,000 | 17 MERESTONES DRIVE |
| 26 Feb 2021 | £486,173 | £430,000 | 8 EDWARD WILSON VILLAS |
| 2 Oct 2020 | £531,598 | £455,000 | 5 EDWARD WILSON VILLAS |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 25 Feb 2012. Using an estimated price of £314,226 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on THE PARK is 120 sq meters (1,298 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merestones Drive | |
| Mar 2024 | Anti-social behaviour | On or near Merestones Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northcroft |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sir Charles Irving Close |
| Feb 2024 | Drugs | Under investigation | On or near Sir Charles Irving Close |