£204,709
This estimated value is based upon the latest sale price for the house of £147,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,000 | 20 Nov 2015 |
| £149,500 | 30 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 632 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 November 2015 the House Price Index for GLOUCESTERSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £147,000 results in an estimated price of approximately £204,709.
| 20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £147,000 | £57,709 | £204,709 |
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 | 7.962 % | £11,704 | £158,704 |
| 3 Month Average | -1.801 % | £-2,646 | £144,353 |
| 6 Month Average | 25.075 % | £36,860 | £183,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £191,677 | £190,000 | FLAT 8 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 28 Apr 2023 | £385,147 | £381,000 | 27 BROOKBANK CLOSE |
| 7 Oct 2022 | £173,136 | £175,000 | FLAT 26 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 5 Apr 2022 | £175,066 | £170,000 | FLAT 20 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 9 Mar 2022 | £170,983 | £165,000 | FLAT 6 KINGS HOUSE, 17 BROOKBANK CLOSE |
This house has a floor area of 58 sq meters or 632 sq feet when measured on 12 Nov 2008. Using an estimated price of £204,710 means this house is valued at £3,481 per sq meter (£323 per sq foot).
The average size of a house on BROOKBANK CLOSE is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Honeybourne Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookbank Close |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Brookbank Close |
| Feb 2024 | Burglary | Under investigation | On or near Brookbank Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookbank Close |