£620,064
This estimated value is based upon the latest sale price for the house of £515,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £515,000 | 8 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,726 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in October 2020 the House Price Index for SOUTH GLOUCESTERSHIRE was 84.8.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 20.401%.Applying this 20.401% change to the original purchase price of £515,000 results in an estimated price of approximately £620,064.
| 8 Oct 2020 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 102.1 | 20.401 % | £515,000 | £105,064 | £620,064 |
The Postcode Pricing Model uses changes in average sales price within the BS16 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 | 12.083 % | £62,227 | £577,227 |
| 3 Month Average | 20.962 % | £107,954 | £622,954 |
| 6 Month Average | 21.373 % | £110,072 | £625,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £614,443 | £600,000 | 31 PENN DRIVE |
| 28 Mar 2024 | £226,831 | £217,500 | 8 LANSDOWNE PENN DRIVE |
| 13 Mar 2024 | £258,118 | £247,500 | 9 LANSDOWNE PENN DRIVE |
| 18 Sep 2023 | £874,251 | £840,000 | 16 GRANGE PARK |
| 11 May 2023 | £852,390 | £821,500 | 11 GRANGE PARK |
This house has a floor area of 160 sq meters or 1,726 sq feet when measured on 6 Oct 2010. Using an estimated price of £620,065 means this house is valued at £3,865 per sq meter (£359 per sq foot).
The average size of a house on PENN DRIVE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2025 | Vehicle crime | Under investigation | On or near Elliott Avenue |
| Feb 2025 | Burglary | Under investigation | On or near Harford Drive |
| Feb 2025 | Burglary | Under investigation | On or near Harford Drive |
| Jan 2025 | Vehicle crime | Under investigation | On or near Harford Drive |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belfields Lane |