£326,402
This estimated value is based upon the latest sale price for the house of £155,000 on 15 Mar 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 15 Mar 2004 |
| £148,000 | 31 Oct 2003 |
| £92,000 | 15 Dec 2000 |
| £68,000 | 5 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 March 2004 the House Price Index for GLOUCESTERSHIRE was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £155,000 results in an estimated price of approximately £326,402.
| 15 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £155,000 | £171,402 | £326,402 |
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 | 48.305 % | £74,872 | £229,872 |
| 3 Month Average | 86.564 % | £134,174 | £289,174 |
| 6 Month Average | 94.708 % | £146,797 | £301,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £1,457,121 | £1,425,000 | 73C THE PARK |
| 21 Jun 2022 | £551,795 | £540,000 | 2 EDWARD WILSON VILLAS |
| 18 Nov 2021 | £1,090 | £1,000 | 17 MERESTONES DRIVE |
| 25 Jun 2021 | £1,318,657 | £1,220,000 | 75C THE PARK |
| 26 Feb 2021 | £491,757 | £430,000 | 8 EDWARD WILSON VILLAS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Apr 2019. Using an estimated price of £326,403 means this house is valued at £4,533 per sq meter (£421 per sq foot).
The average size of a house on THE PARK is 120 sq meters (1,298 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merestones Road |
| Aug 2024 | Anti-social behaviour | On or near Arthur Bliss Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Arthur Bliss Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Arthur Bliss Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Rowena Cade Avenue |