27, MELBOURNE CLOSE, STONEHOUSE, GL10 2PY - £93,000

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.

27 MELBOURNE CLOSE is a terraced house, which could now be worth an estimated £244,315. It was last sold for £93,000 in July 2002, which was around 13% below the average July 2002 terraced price in the Stroud local authority area.

27 MELBOURNE CLOSE Sold Prices

Land registry data shows three sales for 27 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Stroud local authority area for the corresponding sale date. All of the three 27 MELBOURNE CLOSE sales were for below 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
2002 19 JUL	£93,000	£107,019	13% below HPI
1998 29 MAY	£54,000	£58,279	7% below HPI
1997 24 OCT	£52,000	£56,993	9% below HPI

What might 27 MELBOURNE CLOSE be worth now?

27 MELBOURNE CLOSE might now be worth an estimated £244,315.

This is based on house price inflation of 162.7%, between July 2002 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 162.7% inflationary increase is applied to the most recent sale price for 27 MELBOURNE CLOSE of £93,000 on 19th July 2002. For the value to have increased from £93,000 to £244,315 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 27 MELBOURNE CLOSE has moved in line with the HPI for terraced houses in the Stroud local authority area.
• The July 2002 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MELBOURNE CLOSE has not materially changed since July 2002.

Where is 27 MELBOURNE CLOSE?

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