£218,271
This estimated value is based upon the latest sale price for the house of £169,950 on 18 Jul 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £169,950 | 18 Jul 2017 |
| £150,000 | 5 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2017 the House Price Index for GLOUCESTERSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £169,950 results in an estimated price of approximately £218,271.
| 18 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £169,950 | £48,321 | £218,271 |
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 | 15.322 % | £26,039 | £195,989 |
| 3 Month Average | 17.423 % | £29,609 | £199,559 |
| 6 Month Average | 27.325 % | £46,438 | £216,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £148,370 | £145,000 | FLAT 25 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 14 Aug 2023 | £193,490 | £190,000 | FLAT 8 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 28 Apr 2023 | £388,262 | £381,000 | 27 BROOKBANK CLOSE |
| 7 Oct 2022 | £174,417 | £175,000 | FLAT 26 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
| 5 Apr 2022 | £176,362 | £170,000 | FLAT 20 SOVEREIGN HOUSE, 41 BROOKBANK CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 Jul 2020. Using an estimated price of £218,271 means this house is valued at £3,699 per sq meter (£343 per sq foot).
The average size of a house on BROOKBANK CLOSE is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Honeybourne Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honeybourne Way |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Brookbank Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookbank Close |
| Aug 2024 | Anti-social behaviour | On or near Great Western Terrace |