£157,460
This estimated value is based upon the latest sale price for the house of £118,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 7 Oct 2016 |
| £135,000 | 16 Apr 2008 |
| 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 2016 the House Price Index for GLOUCESTERSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £118,000 results in an estimated price of approximately £157,460.
| 7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £118,000 | £39,460 | £157,460 |
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 | -19.058 % | £-22,488 | £95,511 |
| 3 Month Average | 6.349 % | £7,491 | £125,491 |
| 6 Month Average | 26.976 % | £31,831 | £149,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £156,358 | £155,000 | FLAT 24 FITZALAN HOUSE PARK ROAD |
| 27 Nov 2023 | £146,211 | £142,500 | FLAT 10 FITZALAN HOUSE PARK ROAD |
| 20 Nov 2023 | £153,907 | £150,000 | FLAT 14 FITZALAN HOUSE PARK ROAD |
| 2 Nov 2023 | £92,344 | £90,000 | THE GOOD TEMPLARS HALL PARK ROAD |
| 1 Nov 2023 | £165,706 | £161,500 | FLAT 20 FITZALAN HOUSE PARK ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 Feb 2016. Using an estimated price of £157,460 means this house is valued at £3,350 per sq meter (£311 per sq foot).
The average size of a house on MONTPELLIER is 66 sq meters (714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Montpellier |
| Oct 2024 | Anti-social behaviour | On or near Montpellier | |
| Oct 2024 | Drugs | Local resolution | On or near Montpellier |
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Montpellier |
| Sep 2024 | Anti-social behaviour | On or near Montpellier |