£555,568
This estimated value is based upon the latest sale price for the house of £229,000 on 7 Mar 2003. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There has been one burglary within the last year on or near A431
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| Price Paid | Date |
|---|---|
| £229,000 | 7 Mar 2003 |
| £180,000 | 14 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for BATH AND NORTH EAST SOMERSET to estimate the market value.
When this house was purchased in March 2003 the House Price Index for BATH AND NORTH EAST SOMERSET was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £229,000 results in an estimated price of approximately £555,568.
| 7 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £229,000 | £326,568 | £555,568 |
The Postcode Pricing Model uses changes in average sales price within the BA1 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 | 124.162 % | £284,331 | £513,331 |
| 3 Month Average | 116.209 % | £266,118 | £495,118 |
| 6 Month Average | 133.338 % | £305,344 | £534,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £724,260 | £715,000 | 121 PENN HILL ROAD |
| 17 Jul 2023 | £456,139 | £450,000 | 3 MEADOW VIEW |
| 21 Oct 2022 | £549,088 | £555,000 | 222 NEWBRIDGE ROAD |
| 11 Feb 2022 | £1,415,738 | £1,350,000 | 23 KELSTON ROAD |
| 28 Jan 2022 | £620,921 | £590,000 | 131 PENN HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near A431 |