£399,341
This estimated value is based upon the latest sale price for the house of £275,000 on 1 Jun 2015. 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 |
|---|---|
| £275,000 | 1 Jun 2015 |
| £190,000 | 20 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 890 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 June 2015 the House Price Index for BATH AND NORTH EAST SOMERSET was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £275,000 results in an estimated price of approximately £399,341.
| 1 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £275,000 | £124,341 | £399,341 |
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 | 56.151 % | £154,416 | £429,416 |
| 3 Month Average | 32.442 % | £89,215 | £364,215 |
| 6 Month Average | 40.089 % | £110,244 | £385,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £629,043 | £621,000 | 7 LOCKSBROOK ROAD |
| 18 Aug 2023 | £134,678 | £133,500 | FLAT 1 12 NEWBRIDGE ROAD |
| 7 Mar 2023 | £444,185 | £440,000 | 10 ASHLEY TERRACE |
| 23 Nov 2022 | £489,076 | £495,000 | 1 SHAFTESBURY AVENUE |
| 11 Nov 2022 | £314,194 | £318,000 | 2 ARGYLE TERRACE |
This house has a floor area of 82 sq meters or 890 sq feet when measured on 15 Nov 2011. Using an estimated price of £399,341 means this house is valued at £4,829 per sq meter (£448 per sq foot).
The average size of a house on LOCKSBROOK ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shaftesbury Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shaftesbury Avenue |
| Feb 2024 | Anti-social behaviour | On or near Shaftesbury Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Shaftesbury Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Shaftesbury Avenue |