£263,044
This estimated value is based upon the latest sale price for the house of £195,000 on 19 Apr 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 19 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
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 April 2016 the House Price Index for GLOUCESTERSHIRE was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £195,000 results in an estimated price of approximately £263,044.
| 19 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.0 | 34.895 % | £195,000 | £68,044 | £263,044 |
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 | -23.063 % | £-44,973 | £150,026 |
| 3 Month Average | 19.790 % | £38,590 | £233,590 |
| 6 Month Average | 13.943 % | £27,188 | £222,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £730,429 | £725,000 | 3 CRESCENT PLACE |
| 4 Apr 2023 | £498,707 | £495,000 | 32 - 34 CLARENCE STREET |
| 1 Feb 2023 | £398,117 | £400,000 | FLAT 9 JOHN DOWER HOUSE CRESCENT PLACE |
| 29 Nov 2022 | £292,457 | £297,200 | FLAT 10 LATHERAM HOUSE CLARENCE STREET |
| 7 Sep 2022 | £440,147 | £445,500 | FLAT 42 LATHERAM HOUSE CLARENCE STREET |