£414,789
This estimated value is based upon the latest sale price for the house of £275,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 28 Nov 2014 |
| £63,000 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 November 2014 the House Price Index for GLOUCESTERSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £275,000 results in an estimated price of approximately £414,789.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £275,000 | £139,789 | £414,789 |
The Postcode Pricing Model uses changes in average sales price within the GL17 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 | 186.649 % | £513,284 | £788,284 |
| 3 Month Average | 90.919 % | £250,027 | £525,027 |
| 6 Month Average | 65.019 % | £178,803 | £453,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £129,121 | £128,000 | 1 FERNDALE THE BRANCH |
| 10 Nov 2023 | £328,334 | £320,000 | VAGA VIEW LOWER LYDBROOK |
| 6 Oct 2022 | £129,567 | £130,000 | BELL HILL COTTAGE |
| 12 Aug 2022 | £321,503 | £320,000 | IVY COTTAGE |
| 21 Jan 2022 | £333,962 | £315,000 | ASH TREE HOUSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Jan 2014. Using an estimated price of £414,790 means this house is valued at £3,876 per sq meter (£360 per sq foot).
The average size of a house on FORGE HILL is 135 sq meters (1,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenfield Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Forge Hill |
| Apr 2024 | Anti-social behaviour | On or near Forge Hill | |
| Apr 2024 | Anti-social behaviour | On or near Forge Hill | |
| Apr 2024 | Anti-social behaviour | On or near Forge Hill |