£344,159
This estimated value is based upon the latest sale price for the house of £105,000 on 27 Sep 2001. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
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Price Paid | Date |
---|---|
£105,000 | 27 Sep 2001 |
£87,000 | 31 Mar 2000 |
£29,580 | 20 Jan 1997 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 sq feet |
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 September 2001 the House Price Index for BATH AND NORTH EAST SOMERSET was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £105,000 results in an estimated price of approximately £344,159.
27 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 148.6 | 227.771 % | £105,000 | £239,159 | £344,159 |
The Postcode Pricing Model uses changes in average sales price within the BA2 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 | 253.988 % | £266,687 | £371,687 |
3 Month Average | 247.000 % | £259,350 | £364,350 |
6 Month Average | 221.815 % | £232,905 | £337,905 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £351,255 | £347,000 | 3A BANWELL ROAD |
7 Mar 2023 | £341,215 | £338,000 | 19 BANWELL ROAD |
25 Jan 2023 | £204,039 | £205,000 | 25 MENDIP GARDENS |
19 Aug 2022 | £371,001 | £372,000 | 21 OOLITE GROVE |
8 Jul 2022 | £591,592 | £590,000 | THE QUARRY 500E WELLSWAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Sep 2013. Using an estimated price of £344,159 means this house is valued at £3,955 per sq meter (£367 per sq foot).
The average size of a house on BANWELL ROAD is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Banwell Road |
Mar 2024 | Anti-social behaviour | On or near Banwell Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Banwell Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Banwell Road |
Feb 2024 | Anti-social behaviour | On or near Banwell Road |