£247,162
This estimated value is based upon the latest sale price for the house of £145,000 on 10 Dec 2010. 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 Park Place
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| Price Paid | Date |
|---|---|
| £145,000 | 10 Dec 2010 |
| £138,000 | 7 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 579 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 December 2010 the House Price Index for GLOUCESTERSHIRE was 86.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.457%.Applying this 70.457% change to the original purchase price of £145,000 results in an estimated price of approximately £247,162.
| 10 Dec 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.0 | 70.457 % | £145,000 | £102,162 | £247,162 |
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 | 69.817 % | £101,235 | £246,235 |
| 3 Month Average | 26.256 % | £38,071 | £183,071 |
| 6 Month Average | 24.583 % | £35,645 | £180,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £1,108,992 | £1,100,000 | 34 PARK PLACE |
| 3 Mar 2023 | £593,207 | £590,000 | 19A PARK PLACE |
| 25 Aug 2022 | £1,589,262 | £1,600,000 | 22 PARK PLACE |
| 4 Aug 2022 | £1,042,953 | £1,050,000 | 33 PARK PLACE |
| 25 Jul 2022 | £196,734 | £197,000 | FLAT 24 PARK GATE PARK PLACE |
This house has a floor area of 53 sq meters or 579 sq feet when measured on 22 Jul 2010. Using an estimated price of £247,163 means this house is valued at £4,590 per sq meter (£426 per sq foot).
The average size of a house on PARK PLACE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Park Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Place |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Place |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Andover Walk |