£491,577
This estimated value is based upon the latest sale price for the house of £395,000 on 21 Jan 2019. 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 |
|---|---|
| £395,000 | 21 Jan 2019 |
| £385,000 | 10 Sep 2018 |
| £112,000 | 22 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 January 2019 the House Price Index for BATH AND NORTH EAST SOMERSET was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £395,000 results in an estimated price of approximately £491,577.
| 21 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £395,000 | £96,577 | £491,577 |
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 | 44.668 % | £176,438 | £571,438 |
| 3 Month Average | 26.432 % | £104,405 | £499,405 |
| 6 Month Average | 15.628 % | £61,729 | £456,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £920,000 | £920,000 | 53 NEWBRIDGE ROAD |
| 26 Apr 2024 | £580,037 | £575,000 | 43 NEWBRIDGE ROAD |
| 20 Dec 2023 | £340,462 | £330,000 | 3 CLARENCE PLACE |
| 15 Sep 2023 | £303,183 | £296,500 | 63 NEWBRIDGE ROAD |
| 15 Sep 2023 | £337,439 | £330,000 | 65A NEWBRIDGE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 11 Jun 2018. Using an estimated price of £491,577 means this house is valued at £4,551 per sq meter (£422 per sq foot).
The average size of a house on LOCKSBROOK ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Clarence Place | |
| May 2024 | Other crime | Under investigation | On or near Clarence Place |
| Apr 2024 | Anti-social behaviour | On or near Clarence Place | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Place |
| Apr 2024 | Anti-social behaviour | On or near Clarence Place |