£1,269,389
This estimated value is based upon the latest sale price for the house of £1,020,000 on 7 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 |
|---|---|
| £1,020,000 | 7 Jan 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 161 sq meters or 1,732 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 £1,020,000 results in an estimated price of approximately £1,269,389.
| 7 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £1,020,000 | £249,389 | £1,269,389 |
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 % | £455,614 | £1,475,614 |
| 3 Month Average | 26.432 % | £269,602 | £1,289,602 |
| 6 Month Average | 15.628 % | £159,403 | £1,179,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £605,256 | £600,000 | FIRST FLOOR FLAT 7 CAVENDISH CRESCENT |
| 28 Mar 2024 | £903,887 | £890,000 | APARTMENT 7 CAVENDISH LODGE CAVENDISH ROAD |
| 21 Dec 2023 | £567,436 | £550,000 | 9 LANSDOWN PLACE WEST |
| 21 Nov 2023 | £1,539,068 | £1,500,000 | 5 CAVENDISH CRESCENT |
| 19 Sep 2023 | £899,836 | £880,000 | APARTMENT 17 CAVENDISH LODGE CAVENDISH ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 2 Dec 2014. Using an estimated price of £1,269,390 means this house is valued at £7,884 per sq meter (£732 per sq foot).
The average size of a house on SOMERSET PLACE is 198 sq meters (2,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Place |
| Jul 2024 | Burglary | Under investigation | On or near Lansdown Place West |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lansdown Place West |
| Jul 2024 | Vehicle crime | Under investigation | On or near Cavendish Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Crescent |