£577,175
This estimated value is based upon the latest sale price for the house of £107,000 on 11 Dec 1996. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £107,000 | 11 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,135 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 1996 the House Price Index for GLOUCESTERSHIRE was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £107,000 results in an estimated price of approximately £577,175.
| 11 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £107,000 | £470,175 | £577,175 |
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 | 515.739 % | £551,840 | £658,840 |
| 3 Month Average | 384.100 % | £410,987 | £517,987 |
| 6 Month Average | 365.520 % | £391,105 | £498,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £369,727 | £365,000 | 16 LEYSON ROAD |
| 1 Jun 2023 | £526,376 | £520,000 | TREEHAVEN THE REDDINGS |
| 17 Mar 2023 | £2,512,649 | £2,488,977 | 1 ORCHARD CLOSE |
| 16 Nov 2022 | £348,281 | £352,500 | 33 LEYSON ROAD |
| 26 Jul 2022 | £358,966 | £358,000 | 9 SPRINGFIELD CLOSE |
This house has a floor area of 105 sq meters or 1,135 sq feet when measured on 7 Nov 2011. Using an estimated price of £577,176 means this house is valued at £5,470 per sq meter (£508 per sq foot).
The average size of a house on THE REDDINGS is 149 sq meters (1,613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Reddings Road |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Anti-social behaviour | On or near Supermarket |