8, ALDER CLOSE, GLOUCESTER, GL2 9LB - £240,000

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.

8 ALDER CLOSE is a detached house, which could now be worth an estimated £480,589. It was last sold for £240,000 in October 2009, which was around 15% above the average October 2009 detached price in the Gloucester local authority area.

8 ALDER CLOSE Sold Prices

Land registry data shows one sale for 8 ALDER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Gloucester 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
2009 9 OCT	£240,000	£208,630	15% above HPI

What might 8 ALDER CLOSE be worth now?

8 ALDER CLOSE might now be worth an estimated £480,589.

This is based on house price inflation of 100.2%, between October 2009 and April 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 100.2% inflationary increase is applied to the most recent sale price for 8 ALDER CLOSE of £240,000 on 9th October 2009. For the value to have increased from £240,000 to £480,589 over the seventeen years and six months to April 2026, the following assumptions must hold true:

• The value of 8 ALDER CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2009 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALDER CLOSE has not materially changed since October 2009.

Where is 8 ALDER CLOSE?

8 ALDER CLOSE is located in GLOUCESTER, in the GL2 postcode district.