£389,541
This estimated value is based upon the latest sale price for the house of £245,000 on 16 May 2008. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 16 May 2008 |
| £651,000 | 18 Jan 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 96 sq meters or 1,039 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 May 2008 the House Price Index for GLOUCESTERSHIRE was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £245,000 results in an estimated price of approximately £389,541.
| 16 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £245,000 | £144,541 | £389,541 |
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 | 62.859 % | £154,005 | £399,005 |
| 3 Month Average | 29.489 % | £72,248 | £317,248 |
| 6 Month Average | 48.635 % | £119,156 | £364,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £83,119 | £82,000 | FLAT 65 JENNER COURT ST GEORGES ROAD |
| 19 Jul 2023 | £172,319 | £170,000 | FLAT 42 JENNER COURT ST GEORGES ROAD |
| 22 Jun 2023 | £551,683 | £545,000 | 1 PARABOLA MEWS BAYSHILL LANE |
| 13 Jun 2023 | £184,232 | £182,000 | FLAT 21 JENNER COURT ST GEORGES ROAD |
| 20 Feb 2023 | £322,283 | £322,500 | FLAT 7 OAKHURST COURT PARABOLA ROAD |
This house has a floor area of 96 sq meters or 1,039 sq feet when measured on 11 Dec 2008. Using an estimated price of £389,541 means this house is valued at £4,032 per sq meter (£374 per sq foot).
The average size of a house on PARABOLA ROAD is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bayshill Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parabola Lane |
| Mar 2024 | Anti-social behaviour | On or near Parabola Lane | |
| Feb 2024 | Robbery | Under investigation | On or near Parabola Lane |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Parabola Lane |