£354,575
This estimated value is based upon the latest sale price for the house of £82,000 on 18 Aug 1999. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,000 | 18 Aug 1999 |
| £65,000 | 23 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 610 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 1999 the House Price Index for GLOUCESTERSHIRE was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £82,000 results in an estimated price of approximately £354,575.
| 18 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £82,000 | £272,575 | £354,575 |
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 | 386.359 % | £316,814 | £398,814 |
| 3 Month Average | 363.916 % | £298,411 | £380,411 |
| 6 Month Average | 330.400 % | £270,928 | £352,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £237,143 | £233,500 | FLAT 2 THE PINES PARABOLA ROAD |
| 30 Oct 2023 | £247,624 | £242,000 | FLAT 3 PORTHMORE, 97 ST GEORGES ROAD |
| 3 Mar 2023 | £786,128 | £773,000 | 99 ST GEORGES ROAD |
| 20 Feb 2023 | £324,669 | £322,500 | FLAT 7 OAKHURST COURT PARABOLA ROAD |
| 31 Jan 2023 | £337,903 | £337,000 | 1 SPA COURT OVERTON PARK ROAD |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 13 Nov 2008. Using an estimated price of £354,575 means this house is valued at £6,249 per sq meter (£580 per sq foot).
The average size of a house on PARABOLA ROAD is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parabola Lane |
| Jun 2024 | Public order | Under investigation | On or near Parabola Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parabola Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parabola Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Parabola Lane |