£539,734
This estimated value is based upon the latest sale price for the house of £530,000 on 29 Aug 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £530,000 | 29 Aug 2023 |
| £370,000 | 30 May 2008 |
| £162,500 | 5 Nov 1999 |
| Detached |
| Freehold |
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 2023 the House Price Index for GLOUCESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £530,000 results in an estimated price of approximately £539,734.
| 29 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £530,000 | £9,734 | £539,734 |
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 | 1.430 % | £7,578 | £537,578 |
| 3 Month Average | 1.141 % | £6,047 | £536,047 |
| 6 Month Average | -12.913 % | £-68,438 | £461,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £633,583 | £617,500 | 6 THE QUARRY |
| 27 Oct 2023 | £665,106 | £650,000 | OLD POST OFFICE THE STREET |
| 30 Aug 2023 | £855,429 | £840,000 | LAMPORT COURT |
| 29 Aug 2023 | £539,735 | £530,000 | MELKSHAM COTTAGE |
| 15 Feb 2023 | £951,355 | £945,000 | ORCHARD BYRE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Echo Lane |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Echo Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Echo Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Echo Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Echo Lane |