£222,191
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 23 Mar 2012 |
| £150,600 | 30 Jun 2009 |
| £210,000 | 21 Mar 2003 |
| 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 March 2012 the House Price Index for GLOUCESTERSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £130,000 results in an estimated price of approximately £222,191.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £130,000 | £92,191 | £222,191 |
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 | 41.711 % | £54,224 | £184,224 |
| 3 Month Average | 13.447 % | £17,481 | £147,481 |
| 6 Month Average | 45.103 % | £58,634 | £188,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £340,034 | £335,000 | 11 VICTORIA RETREAT |
| 3 Jul 2023 | £141,910 | £140,000 | FLAT 9 JUBILEE COURT COMMERCIAL STREET |
| 6 Mar 2023 | £670,315 | £664,000 | 5 GRATTON STREET |
| 13 Jan 2023 | £263,758 | £265,000 | FLAT 16 JUBILEE COURT COMMERCIAL STREET |
| 8 Jul 2022 | £188,006 | £187,500 | 119 BATH ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 25 May 2020. Using an estimated price of £222,191 means this house is valued at £4,727 per sq meter (£439 per sq foot).
The average size of a house on COMMERCIAL STREET is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Commercial Street |