Full Address

OAKWOOD HOUSE
COLESBOURNE
CHELTENHAM
GLOUCESTERSHIRE
UNITED KINGDOM
GL53 9NS

Estimated Market Value

£795,053

This estimated value is based upon the latest sale price for the house of £560,000 on 25 Mar 2010. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE1

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Transactions for this house
Price PaidDate
£560,00025 Mar 2010
£450,00021 Oct 2005
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 2010 the House Price Index for GLOUCESTERSHIRE was 86.9.

The House Price Index as of 1 Jun 2019 is 123.4 which is a change of 41.974%.

Applying this 41.974% change to the original purchase price of £560,000 gives us an estimated price now of around £795,052.

25 Mar 2010 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
86.9 123.4 41.974 % £560,000 £235,052 £795,052

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 65.283 % £365,582 £925,582
3 Month Average 45.355 % £253,988 £813,988
6 Month Average 53.707 % £300,757 £860,757

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2010 the average sale price for the 50 nearest sales within seven miles of OAKWOOD HOUSE was £275,594.

In October 2019 the average sale price for the 19 nearest sales was £407,117. This is a change of 47.724%.

So taking the original purchase price of £560,000 and adjusting it by 47.724% gives an estimated price of £827,251.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 25 Mar 2010 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£275,594 £407,117 47.724 % £560,000 £267,251 £827,251
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
7 Aug 2019 £800,000 £800,000 BERRYMANS COTTAGE
25 Jul 2019 £275,000 £275,000 1 WOODLAND VIEW
3 Dec 2018 £543,322 £550,000 WOODMANCOTE FARM HOUSE
21 Nov 2018 £390,656 £394,000 1 HAYES LANE
18 Oct 2018 £837,433 £850,000 RIVERSTONE HOUSE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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