7, MELBOURNE CLOSE, STONEHOUSE, GL10 2PY - £185,500

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.

7 MELBOURNE CLOSE is a semi-detached house, which could now be worth an estimated £300,653. It was last sold for £185,500 in June 2007, which was around 10% below the average June 2007 semi-detached price in the Stroud local authority area.

7 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 7 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stroud local authority area for the corresponding sale date. Both of the two 7 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
2007 29 JUN	£185,500	£206,966	10% below HPI
1997 21 FEB	£56,000	£59,647	6% below HPI

What might 7 MELBOURNE CLOSE be worth now?

7 MELBOURNE CLOSE might now be worth an estimated £300,653.

This is based on house price inflation of 62.1%, between June 2007 and May 2026, for semi-detached 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 62.1% inflationary increase is applied to the most recent sale price for 7 MELBOURNE CLOSE of £185,500 on 29th June 2007. For the value to have increased from £185,500 to £300,653 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 7 MELBOURNE CLOSE has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The June 2007 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MELBOURNE CLOSE has not materially changed since June 2007.

Where is 7 MELBOURNE CLOSE?

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