£401,937
This estimated value is based upon the latest sale price for the house of £327,500 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £327,500 | 23 Nov 2018 |
| £270,000 | 20 Apr 2011 |
| £262,500 | 12 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,571 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 2018 the House Price Index for GLOUCESTERSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £327,500 results in an estimated price of approximately £401,937.
| 23 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £327,500 | £74,437 | £401,937 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | 16.890 % | £55,315 | £382,815 |
| 3 Month Average | 23.578 % | £77,219 | £404,719 |
| 6 Month Average | 21.447 % | £70,239 | £397,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £305,785 | £300,000 | 5 WELLFIELD |
| 2 Jun 2023 | £338,747 | £336,000 | 9 ELMVIL ROAD |
| 14 Oct 2022 | £310,386 | £315,000 | 6 ELMVIL ROAD |
| 1 Jul 2022 | £354,521 | £355,000 | 21 ELMVIL ROAD |
| 20 May 2022 | £375,583 | £370,000 | 6 WELLFIELD |
This house has a floor area of 145 sq meters or 1,571 sq feet when measured on 12 Jan 2009. Using an estimated price of £401,937 means this house is valued at £2,753 per sq meter (£255 per sq foot).
The average size of a house on GANNAWAY LANE is 230 sq meters (2,477 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellfield |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wellfield |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellfield |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Elmvil Road |