£407,611
This estimated value is based upon the latest sale price for the house of £326,500 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £326,500 | 31 Jul 2018 |
| £194,000 | 3 Jul 2002 |
| £157,500 | 2 Jun 2000 |
| £97,000 | 27 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in July 2018 the House Price Index for GLOUCESTERSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £326,500 results in an estimated price of approximately £407,611.
| 31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £326,500 | £81,111 | £407,611 |
The Postcode Pricing Model uses changes in average sales price within the GL53 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 1.734 % | £5,661 | £332,161 |
| 3 Month Average | 25.261 % | £82,478 | £408,978 |
| 6 Month Average | 14.112 % | £46,075 | £372,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £895,335 | £875,000 | 15A PILLEY LANE |
| 14 Sep 2023 | £1,329,303 | £1,300,000 | 187 LECKHAMPTON ROAD |
| 24 Jun 2023 | £561,758 | £550,500 | 50 CHARLTON LANE |
| 13 Mar 2023 | £437,303 | £430,000 | 8 HILLANDS DRIVE |
| 25 Feb 2022 | £211,291 | £200,000 | APARTMENT 22 MIDDLETON HOUSE PILLEY LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Apr 2018. Using an estimated price of £407,612 means this house is valued at £5,994 per sq meter (£556 per sq foot).
The average size of a house on HILLANDS DRIVE is 104 sq meters (1,127 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Pilley Lane | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pilley Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pilley Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pilley Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Pilley Lane |