£155,775
This estimated value is based upon the latest sale price for the house of £122,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 15 Sep 2017 |
| £96,000 | 19 Dec 2014 |
| £80,000 | 19 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 September 2017 the House Price Index for GLOUCESTERSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £122,000 results in an estimated price of approximately £155,775.
| 15 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £122,000 | £33,775 | £155,775 |
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 | 35.753 % | £43,618 | £165,618 |
| 3 Month Average | 31.131 % | £37,979 | £159,979 |
| 6 Month Average | 26.912 % | £32,832 | £154,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £243,111 | £241,000 | 3 MEADOW ROAD |
| 1 Sep 2023 | £124,750 | £122,000 | FLAT 5 GARLAND COURT MEADOW ROAD |
| 27 Jun 2023 | £775,542 | £760,000 | 16 OAKLANDS |
| 11 Nov 2022 | £1,493,019 | £1,500,000 | UNIT A MEADOW ROAD |
| 5 Jan 2022 | £204,088 | £192,500 | 5 JUBILEE COURT |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 27 Nov 2019. Using an estimated price of £155,775 means this house is valued at £3,245 per sq meter (£301 per sq foot).
The average size of a house on MEADOW ROAD is 55 sq meters (600 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meadow Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Meadow Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Meadow Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Meadow Road |