MELROSE, UPPER ROAD, PILLOWELL, LYDNEY, GL15 4RA - £130,000

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.

MELROSE is a detached house, which could now be worth an estimated £555,475. It was last sold for £130,000 in May 1999, which was around 41% above the average May 1999 detached price in the Forest of Dean local authority area.

MELROSE Sold Prices

Land registry data shows one sale for MELROSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Forest of Dean 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
1999 13 MAY	£130,000	£92,288	41% above HPI

What might MELROSE be worth now?

MELROSE might now be worth an estimated £555,475.

This is based on house price inflation of 327.3%, between May 1999 and May 2026, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 327.3% inflationary increase is applied to the most recent sale price for MELROSE of £130,000 on 13th May 1999. For the value to have increased from £130,000 to £555,475 over the 27 years to May 2026, the following assumptions must hold true:

• The value of MELROSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 1999 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of MELROSE has not materially changed since May 1999.

Where is MELROSE?

MELROSE is located on UPPER ROAD in PILLOWELL, in the GL15 postcode district.