£313,386
This estimated value is based upon the latest sale price for the house of £292,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £292,000 | 30 Sep 2021 |
| £193,000 | 3 Oct 2011 |
| £132,000 | 25 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 September 2021 the House Price Index for GLOUCESTERSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £292,000 results in an estimated price of approximately £313,386.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £292,000 | £21,386 | £313,386 |
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 | 19.567 % | £57,134 | £349,134 |
| 3 Month Average | 6.079 % | £17,749 | £309,749 |
| 6 Month Average | -17.209 % | £-50,250 | £241,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £395,404 | £393,000 | 32 MARLE HILL PARADE |
| 11 Jul 2023 | £297,817 | £295,000 | 38 MARLE HILL PARADE |
| 6 Mar 2023 | £131,712 | £131,000 | FLAT 4 11 WELLINGTON SQUARE |
| 2 Nov 2022 | £378,856 | £385,000 | 66 MARLE HILL PARADE |
| 6 Jul 2022 | £753,981 | £755,000 | 24 MARLE HILL PARADE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Jun 2021. Using an estimated price of £313,387 means this house is valued at £3,775 per sq meter (£350 per sq foot).
The average size of a house on WELLESLEY ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellesley Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellesley Road |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Clarington Mews |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clarington Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marle Hill Parade |