£119,600
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Oct 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 24 Oct 2022 |
| £156,950 | 27 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2022 the House Price Index for GLOUCESTERSHIRE was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £120,000 results in an estimated price of approximately £119,600.
| 24 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £120,000 | £-399 | £119,600 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 6.553 % | £7,864 | £127,864 |
| 3 Month Average | -11.245 % | £-13,493 | £106,506 |
| 6 Month Average | 8.708 % | £10,449 | £130,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £256,511 | £250,000 | 22 MICHAELMAS COURT |
| 8 Sep 2023 | £161,050 | £157,500 | FLAT 45 HAMLET LODGE HEATHVILLE ROAD |
| 31 Aug 2023 | £147,663 | £145,000 | FLAT 11 WALLBANK HOUSE 22A DENMARK ROAD |
| 4 Aug 2023 | £356,429 | £350,000 | 51 HEATHVILLE ROAD |
| 26 Jun 2023 | £107,147 | £105,000 | FLAT 22 HAMLET LODGE HEATHVILLE ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 10 Sep 2021. Using an estimated price of £119,601 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on HEATHVILLE ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Michaelmas Court | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Michaelmas Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Michaelmas Court |
| Aug 2024 | Anti-social behaviour | On or near Michaelmas Court | |
| Aug 2024 | Anti-social behaviour | On or near Michaelmas Court |