£668,578
This estimated value is based upon the latest sale price for the house of £538,000 on 10 Dec 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £538,000 | 10 Dec 2018 |
| £192,500 | 2 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 2018 the House Price Index for GLOUCESTERSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £538,000 results in an estimated price of approximately £668,578.
| 10 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £538,000 | £130,578 | £668,578 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | -3.308 % | £-17,794 | £520,205 |
| 3 Month Average | -1.507 % | £-8,107 | £529,892 |
| 6 Month Average | 11.878 % | £63,900 | £601,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £393,416 | £390,000 | 5 THE GRANGE THE REDDINGS |
| 6 Mar 2023 | £940,710 | £925,000 | SELBY HOUSE THE REDDINGS |
| 14 Feb 2023 | £1,233 | £1,225 | 5 SHAKESPEARE COTTAGE NORTH ROAD WEST |
| 17 Oct 2022 | £921,921 | £925,000 | REDDINGS HOUSE THE REDDINGS |
| 2 Sep 2022 | £759,493 | £760,000 | PENNYWELL HOUSE THE REDDINGS |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 4 Apr 2014. Using an estimated price of £668,578 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on THE REDDINGS is 149 sq meters (1,613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brock Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brock Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near The Reddings |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near The Reddings |
| May 2024 | Violence and sexual offences | Under investigation | On or near Branch Road |