Pinehill road and Grant road Crowthorne 2020-2024 Growth
Damian SavvidesThe property market on Pinehill Road, Crowthorne, has seen significant growth over the past few years, with recent sales indicating an upward trend in house prices. By examining past transactions, we can determine the extent of the increase and provide insight into the changing property values in this desirable area.
Grant Road Price Trends
- Highest sale: £795,000 (35a Grant Road, 30 Sep 2022)
- Lowest sale: £540,000 (21 Grant Road, 15 Jul 2024 and 13 Grant Road, 16 Feb 2021)
- Average price: £626,822
Pinehill Road Price Trends
- Highest sale: £1,335,000 (44 Pinehill Road, 14 Jan 2022)
- Lowest sale: £436,000 (14 Pinehill Road, 08 Oct 2020)
- Average price: £804,006
Price Per Square Meter Analysis
- 82 Pinehill Road (2024): £5,406/m²
- 37 Pinehill Road (2024): £5,612/m²
- 2 Grant Road (2024): £7,079/m²
- 21 Grant Road (2024): £4,909/m²
- 100 Pinehill Road (2023): £7,712/m²
- 95 Pinehill Road (2023): £4,541/m²
- 111 Pinehill Road (2022): £4,611/m²
- 36 Grant Road (2022): £7,093/m²
- 13 Grant Road (2021): £4,060/m²
Comparison between Grant Road and Pinehill Road
Average Price:
- Grant Road: £626,822
- Pinehill Road: £804,006
- Pinehill Road properties are, on average, 28.3% more expensive.
Price per Square Meter:
- Grant Road: £5,506/m²
- Pinehill Road: £4,972/m²
- Grant Road properties have a higher price per square meter, despite lower overall prices.
Property Types:
- Both roads are dominated by detached houses, but Pinehill Road has a higher proportion of detached properties.
Conclusions
Pinehill Road generally has more expensive properties, likely due to larger house sizes.Grant Road properties, while smaller on average, command a higher price per square meter.
Both areas show some price fluctuations, but Pinehill Road demonstrates a clearer upward trend.
The most expensive properties in both areas were sold in 2022-2023, suggesting a potential market peak during this period.
Detached houses are the predominant property type in both areas, indicating a high-end suburban character.
This analysis provides a snapshot of the local real estate market in Crowthorne, specifically for Grant Road and Pinehill Road. For a more comprehensive understanding, factors such as overall market conditions, local amenities, and specific property features would need to be considered.
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Market Drivers
- Increased demand for detached homes: Spacious properties are in high demand.
- Strong local economy and amenities: Crowthorne offers excellent schools and green spaces.
- Inflation and property trends: The UK's general increase in property prices has influenced growth.
Credits
Contains HM Land Registry & EPC & OS data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0. HouseMetric data
