21, MELBOURNE CLOSE, STONEHOUSE, GL10 2PY - £48,500

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.

21 MELBOURNE CLOSE is a terraced house, which could now be worth an estimated £254,863. It was last sold for £48,500 in June 1997, which was around 9% below the average June 1997 terraced price in the Stroud local authority area.

21 MELBOURNE CLOSE Sold Prices

Land registry data shows one sale for 21 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Stroud local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1997 26 JUN	£48,500	£53,501	9% below HPI

What might 21 MELBOURNE CLOSE be worth now?

21 MELBOURNE CLOSE might now be worth an estimated £254,863.

This is based on house price inflation of 425.5%, between June 1997 and May 2026, for terraced houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 425.5% inflationary increase is applied to the most recent sale price for 21 MELBOURNE CLOSE of £48,500 on 26th June 1997. For the value to have increased from £48,500 to £254,863 over the 29 years and one month to May 2026, the following assumptions must hold true:

• The value of 21 MELBOURNE CLOSE has moved in line with the HPI for terraced houses in the Stroud local authority area.
• The June 1997 sale price of £48,500 represented a fair market value for the property.
• The size, condition, and specification of 21 MELBOURNE CLOSE has not materially changed since June 1997.

Where is 21 MELBOURNE CLOSE?

21 MELBOURNE CLOSE is located in STONEHOUSE, in the GL10 postcode district.