£389,492
This estimated value is based upon the latest sale price for the house of £197,000 on 18 Jun 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,000 | 18 Jun 2004 |
| £122,500 | 12 Feb 2001 |
| £70,000 | 21 Aug 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 957 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 June 2004 the House Price Index for GLOUCESTERSHIRE was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £197,000 results in an estimated price of approximately £389,492.
| 18 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £197,000 | £192,492 | £389,492 |
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 | 71.876 % | £141,595 | £338,595 |
| 3 Month Average | 48.220 % | £94,994 | £291,994 |
| 6 Month Average | 77.915 % | £153,493 | £350,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £250,000 | £250,000 | 17 WESTERN COURT WESTERN ROAD |
| 11 Aug 2023 | £257,251 | £255,000 | 28 WESTERN COURT WESTERN ROAD |
| 25 Aug 2022 | £1,845,034 | £1,850,000 | 5 CHRISTCHURCH ROAD |
| 29 Jul 2022 | £350,945 | £350,000 | 3 WINCHESTER HOUSE MALVERN ROAD |
| 27 Jul 2022 | £370,999 | £370,000 | 10 WESTERN COURT WESTERN ROAD |
This house has a floor area of 88 sq meters or 957 sq feet when measured on 28 Mar 2011. Using an estimated price of £389,492 means this house is valued at £4,377 per sq meter (£406 per sq foot).
The average size of a house on WESTERN ROAD is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Road |
| Feb 2024 | Anti-social behaviour | On or near Western Road | |
| Feb 2024 | Anti-social behaviour | On or near Western Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Road |