£592,564
This estimated value is based upon the latest sale price for the house of £478,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £478,000 | 16 Aug 2019 |
| £202,500 | 25 Feb 2015 |
| £125,000 | 17 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 August 2019 the House Price Index for GLOUCESTERSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £478,000 results in an estimated price of approximately £592,564.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £478,000 | £114,564 | £592,564 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 9.302 % | £44,464 | £522,464 |
| 3 Month Average | 15.012 % | £71,756 | £549,756 |
| 6 Month Average | 9.493 % | £45,376 | £523,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £188,142 | £185,000 | APARTMENT 1 WOODLANDS DRAKE LANE |
| 24 Feb 2023 | £588,934 | £585,000 | 8 CHESTAL TERRACE |
| 26 Jul 2022 | £257,581 | £255,000 | 6 THE ROPE WALK |
| 11 Apr 2022 | £233,420 | £225,000 | 10 WOODLANDS DRAKE LANE |
| 25 Mar 2022 | £151,678 | £145,295 | 25 FORGE ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 4 Jun 2019. Using an estimated price of £592,564 means this house is valued at £3,506 per sq meter (£325 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Brownings Lane |