£1,125,548
This estimated value is based upon the latest sale price for the house of £660,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £660,000 | 25 May 2012 |
| 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 May 2012 the House Price Index for GLOUCESTERSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £660,000 results in an estimated price of approximately £1,125,548.
| 25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £660,000 | £465,548 | £1,125,548 |
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 | 19.866 % | £131,113 | £791,113 |
| 3 Month Average | 11.845 % | £78,178 | £738,178 |
| 6 Month Average | 36.167 % | £238,705 | £898,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £879,333 | £881,700 | 59 MERESTONES DRIVE |
| 3 Aug 2022 | £568,470 | £570,000 | 56 MERESTONES DRIVE |
| 7 Jun 2022 | £5,072 | £5,000 | 28 MERESTONES DRIVE |
| 3 Dec 2021 | £577,472 | £539,000 | 51 MERESTONES DRIVE |
| 18 Nov 2021 | £1,082 | £1,000 | 17 MERESTONES DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merestones Drive | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Merestones Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Hawkswood Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northcroft |
| Dec 2023 | Anti-social behaviour | On or near Northcroft |