£359,497
This estimated value is based upon the latest sale price for the house of £291,000 on 6 Mar 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £291,000 | 6 Mar 2019 |
| £279,995 | 26 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 March 2019 the House Price Index for GLOUCESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £291,000 results in an estimated price of approximately £359,497.
| 6 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £291,000 | £68,497 | £359,497 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 72.789 % | £211,816 | £502,816 |
| 3 Month Average | 26.217 % | £76,292 | £367,292 |
| 6 Month Average | 9.281 % | £27,007 | £318,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £273,311 | £270,000 | 47 PINEWOOD DRIVE |
| 6 Apr 2023 | £267,884 | £265,000 | 2 SOTHERBY WALK |
| 17 Feb 2023 | £239,839 | £240,000 | 6 PINEWOOD DRIVE |
| 30 Nov 2022 | £330,991 | £335,000 | 49 PINEWOOD DRIVE |
| 30 Nov 2022 | £261,828 | £265,000 | 16 SOTHERBY WALK |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 30 Oct 2018. Using an estimated price of £359,498 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on PINEWOOD DRIVE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Pinewood Drive | |
| Feb 2024 | Anti-social behaviour | On or near Pinewood Drive | |
| Jan 2024 | Anti-social behaviour | On or near Pinewood Drive | |
| Jan 2024 | Anti-social behaviour | On or near Pinewood Drive | |
| Jan 2024 | Anti-social behaviour | On or near Pinewood Drive |