£105,216
This estimated value is based upon the latest sale price for the house of £75,000 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 16 Nov 2015 |
| £60,000 | 21 Nov 2003 |
| £33,500 | 25 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 2015 the House Price Index for GLOUCESTERSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £75,000 results in an estimated price of approximately £105,216.
| 16 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £75,000 | £30,216 | £105,216 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 10.072 % | £7,553 | £82,553 |
| 3 Month Average | 31.132 % | £23,349 | £98,349 |
| 6 Month Average | 42.618 % | £31,963 | £106,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £236,128 | £232,500 | 29 FRIARS ORCHARD |
| 3 Oct 2023 | £217,950 | £213,000 | 19 CHILLINGWORTH MEWS |
| 11 Oct 2022 | £99,667 | £100,000 | 31 PARLIAMENT STREET |
| 15 Jul 2022 | £94,951 | £94,000 | FLAT 9 LESANNE COURT PARLIAMENT STREET |
| 14 Apr 2022 | £133,827 | £129,000 | 33A PARLIAMENT STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 11 Jun 2019. Using an estimated price of £105,217 means this house is valued at £2,922 per sq meter (£271 per sq foot).
The average size of a house on PARLIAMENT STREET is 59 sq meters (641 sq feet).