£407,257
This estimated value is based upon the latest sale price for the house of £401,000 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Malvern Place
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| Price Paid | Date |
|---|---|
| £401,000 | 22 Mar 2024 |
| £325,000 | 29 Sep 2016 |
| £249,750 | 6 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
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 2024 the House Price Index for GLOUCESTERSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £401,000 results in an estimated price of approximately £407,257.
| 22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £401,000 | £6,257 | £407,257 |
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 | 15.617 % | £62,622 | £463,622 |
| 3 Month Average | 38.360 % | £153,823 | £554,823 |
| 6 Month Average | 10.652 % | £42,715 | £443,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £407,257 | £401,000 | FLAT 3 MALVERN PRIORS MALVERN PLACE |
| 10 Nov 2023 | £151,342 | £147,500 | FLAT 6 3 MALVERN PLACE |
| 12 Sep 2023 | £945,850 | £925,000 | 2 DRAKES PLACE |
| 13 Sep 2022 | £369,753 | £370,000 | BROUGHAM COTTAGE MALVERN PLACE |
| 2 Sep 2022 | £267,321 | £267,500 | FLAT 7 DOURO HOUSE DOURO ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Malvern Place |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Drakes Place |
| Jul 2024 | Anti-social behaviour | On or near Drakes Place | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Place |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Well Place |