2, MONARCH CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5EB - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MONARCH CLOSE is a detached house, which could now be worth an estimated £449,095. It was last sold for £230,000 in July 2005, which was around 7% above the average July 2005 detached price in the Gloucester local authority area.

2 MONARCH CLOSE Sold Prices

Land registry data shows three sales for 2 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 2 MONARCH CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 22 JUL	£230,000	£214,608	7% above HPI
1999 25 JUN	£98,000	£94,678	4% above HPI
1999 30 APR	£103,000	£93,474	10% above HPI

What might 2 MONARCH CLOSE be worth now?

2 MONARCH CLOSE might now be worth an estimated £449,095.

This is based on house price inflation of 95.3%, between July 2005 and May 2026, for detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.3% inflationary increase is applied to the most recent sale price for 2 MONARCH CLOSE of £230,000 on 22nd July 2005. For the value to have increased from £230,000 to £449,095 over the 21 years and two months to May 2026, the following assumptions must hold true:

• The value of 2 MONARCH CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2005 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONARCH CLOSE has not materially changed since July 2005.

Where is 2 MONARCH CLOSE?

2 MONARCH CLOSE is located in ABBEYMEAD, in the GL4 postcode district.