£347,906
This estimated value is based upon the latest sale price for the house of £340,000 on 12 Jul 2024. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 12 Jul 2024 |
| £249,950 | 26 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 July 2024 the House Price Index for GLOUCESTERSHIRE was 98.9.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.326%.Applying this 2.326% change to the original purchase price of £340,000 results in an estimated price of approximately £347,906.
| 12 Jul 2024 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.9 | 101.2 | 2.326 % | £340,000 | £7,906 | £347,906 |
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 | -18.373 % | £-62,468 | £277,531 |
| 3 Month Average | -15.252 % | £-51,857 | £288,142 |
| 6 Month Average | -9.447 % | £-32,119 | £307,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £252,747 | £250,000 | FLAT 1 7 EVESHAM ROAD |
| 12 Jul 2024 | £347,907 | £340,000 | APARTMENT 9 ST. MARTINS TERRACE CLARENCE SQUARE |
| 2 Jul 2024 | £483,488 | £472,500 | 1 NORTH PLACE |
| 24 May 2024 | £239,980 | £235,000 | FLAT 4 4 CLARENCE SQUARE |
| 26 May 2023 | £467,947 | £455,000 | 18B WELLINGTON SQUARE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 2 Jul 2020. Using an estimated price of £347,907 means this house is valued at £3,134 per sq meter (£291 per sq foot).
The average size of a house on CLARENCE SQUARE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Anti-social behaviour | On or near Clarence Square | |
| Dec 2024 | Vehicle crime | Under investigation | On or near Clarence Square |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Lane |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Lane |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Wellington Lane |