£90,309
This estimated value is based upon the latest sale price for the house of £88,500 on 16 Jun 2023. 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 Norfolk Street
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| Price Paid | Date |
|---|---|
| £88,500 | 16 Jun 2023 |
| £135,000 | 14 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 June 2023 the House Price Index for GLOUCESTERSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £88,500 results in an estimated price of approximately £90,309.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £88,500 | £1,809 | £90,309 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | -27.257 % | £-24,122 | £64,377 |
| 3 Month Average | -11.752 % | £-10,400 | £78,099 |
| 6 Month Average | -0.778 % | £-688 | £87,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £353,066 | £350,000 | 115 SOUTHGATE STREET |
| 22 Mar 2024 | £1,147,632 | £1,130,000 | 166 SOUTHGATE STREET |
| 16 Oct 2023 | £163,718 | £160,000 | FLAT 1 9 SPA ROAD |
| 4 Sep 2023 | £132,930 | £130,000 | FLAT 7 10 NORFOLK STREET |
| 30 Jun 2023 | £403,078 | £395,000 | 105 SOUTHGATE STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 15 Jun 2020. Using an estimated price of £90,310 means this house is valued at £2,202 per sq meter (£204 per sq foot).
The average size of a house on SPA ROAD is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norfolk Street |
| Oct 2024 | Robbery | Under investigation | On or near Norfolk Street |
| Oct 2024 | Burglary | Under investigation | On or near Norfolk Street |
| Oct 2024 | Public order | Under investigation | On or near Norfolk Street |