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Brockworth House Prices Brockworth House Prices

The average house price in Brockworth is £278,500 using HM Land Registry data.

The average property price increased by £83,651 (34.67%) over the last 5 years and increased by £16,718 (5.42%) over the last 12 months.

Over the last year, there were 168 residential property sales – a decrease of 105 transactions (-62.50%) relative to the previous year. The majority of house sales (54) were in the £276,000 - £334,000 range. Then came properties in the £218,000 - £276,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,042 (-2%).

In April 2024, there were 42 new estate agency instructions, 26 agreed home sales and 16 property price reductions.

Neighbouring Areas: Gloucester

Postcodes Covered: GL3

5-Year Average Property Prices in Brockworth

34.67%

Property prices in Brockworth increased by 34.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Brockworth Over the Last Year

5.42%

Property prices in Brockworth increased by 5.42% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Brockworth - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Brockworth

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Brockworth

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Brockworth

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Brockworth since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Brockworth area since 1995.

Recent Property Sales in Brockworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Prince Albert Court, Hucclecote, Gloucester, Gloucestershire, GL3 4BE£185,000£185,000£0006 Oct 202301 Mar 2024147 Days
37 Court Road, Brockworth, Gloucester, Gloucestershire, GL3 4ES£390,000£375,000-£15,00010 Jul 202318 Jan 2024192 Days
80 Abbotswood Road, Brockworth, Gloucester, Gloucestershire, GL3 4PF£345,000£340,000-£5,00030 Sep 202312 Dec 202373 Days
129 Abbotswood Road, Brockworth, Gloucester, Gloucestershire, GL3 4PD£425,000£400,000-£25,00012 Oct 202308 Dec 202357 Days
141 Abbotswood Road, Brockworth, Gloucester, Gloucestershire, GL3 4PD£250,000£240,000-£10,00005 Jun 202308 Dec 2023186 Days
14 Astor Close, Brockworth, Gloucester, Gloucestershire, GL3 4AS£125,000£122,500-£2,50001 Jul 202304 Dec 2023156 Days
24 Sparrow Hawk Way, Brockworth, Gloucester, Gloucestershire, GL3 4QA£127,400£127,400£0022 Jun 202328 Nov 2023159 Days
83 Boverton Drive, Brockworth, Gloucester, Gloucestershire, GL3 4BS£350,000£345,000-£5,00012 Apr 202317 Nov 2023219 Days
123 Moorfield Road, Brockworth, Gloucester, Gloucestershire, GL3 4JQ£285,000£285,000£0005 Sep 202317 Nov 202373 Days
15 Moorfield Road, Brockworth, Gloucester, Gloucestershire, GL3 4JB£300,000£290,000-£10,00007 Jul 202316 Nov 2023132 Days
208 Hucclecote Road, Gloucester, Gloucestershire, GL3 3SL£365,000£350,000-£15,00010 May 202302 Nov 2023176 Days
20 Sparrow Hawk Way, Brockworth, Gloucester, Gloucestershire, GL3 4QA£250,000£245,000-£5,00018 Jul 202302 Nov 2023107 Days
79 Ermin Park, Brockworth, Gloucester, Gloucestershire, GL3 4DF£200,000£200,000£0019 May 202324 Oct 2023158 Days
24 Lasne Crescent, Brockworth, Gloucester, Gloucestershire, GL3 4UX£375,000£375,000£0015 Apr 202313 Oct 2023181 Days
29 Westfield Avenue, Brockworth, Gloucester, Gloucestershire, GL3 4AU£400,000£400,000£0030 Jun 202313 Oct 2023105 Days
6 Boverton Drive, Brockworth, Gloucester, Gloucestershire, GL3 4DB£220,000£217,000-£3,00016 Jul 202329 Sep 202375 Days
29 Boverton Avenue, Brockworth, Gloucester, Gloucestershire, GL3 4ER£284,000£273,000-£11,00017 Apr 202329 Sep 2023165 Days
89 Moorfield Road, Brockworth, Gloucester, Gloucestershire, GL3 4JQ£285,000£284,000-£1,00005 Apr 202327 Sep 2023175 Days
22 Astor Close, Brockworth, Gloucester, Gloucestershire, GL3 4AS£150,000£150,000£0031 Jul 202222 Sep 2023418 Days
49 Moorfield Road, Brockworth, Gloucester, Gloucestershire, GL3 4JE£170,000£164,000-£6,00011 May 202322 Sep 2023134 Days

Most Expensive Streets in Brockworth

PostcodeStreetAreaAverageNo. of Sales
GL3 4WABobbin CloseBrockworth£500,6254
GL3 4LPGreen StreetBrockworth£431,6663
GL3 4LUGreen StreetBrockworth£424,3333
GL3 4ZDHandley PlaceBrockworth£421,6005
GL3 4XQAlbion RoadBrockworth£412,4984
GL3 4HJErmin StreetBrockworth£411,6663
GL3 4TJTumper ViewBrockworth£402,5003
GL3 4GZWilson CloseBrockworth£401,2504
GL3 4HAVicarage LaneBrockworth£395,0003
GL3 4XXPlough CloseBrockworth£392,51717

Least Expensive Streets in Brockworth

PostcodeStreetAreaAverageNo. of Sales
GL3 4GUBurroughs CloseBrockworth£70,1663
GL3 4URPound CloseBrockworth£104,8336
GL3 4HYCoopers CourtBrockworth£114,6663
GL3 4BWDaunt RoadBrockworth£118,6254
GL3 4BEPrince Albert CourtHucclecote£154,6663
GL3 4GWChestnut RoadBrockworth£156,6005
GL3 4BJBelgrave HouseWhittle Way£157,7508
GL3 4BLBeamont WalkBrockworth£161,38217
GL3 4NQGreen AcreBrockworth£166,2005
GL3 4DFErmin ParkBrockworth£166,6663

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