£700,037
This estimated value is based upon the latest sale price for the house of £545,062 on 7 Jul 2017. 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 |
---|---|
£545,062 | 7 Jul 2017 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 July 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £545,062 results in an estimated price of approximately £700,037.
7 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £545,062 | £154,975 | £700,037 |
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 | 32.162 % | £175,304 | £720,366 |
3 Month Average | 22.825 % | £124,412 | £669,474 |
6 Month Average | 18.291 % | £99,695 | £644,757 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £695,803 | £680,000 | 111 PENN HILL ROAD |
28 Sep 2023 | £731,117 | £715,000 | 121 PENN HILL ROAD |
31 Jan 2023 | £802,143 | £800,000 | 13 WEST LEA ROAD |
16 Jan 2023 | £762,036 | £760,000 | 14 WEST LEA ROAD |
5 Aug 2022 | £552,584 | £550,000 | 13 EAST LEA ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Feb 2020. Using an estimated price of £700,037 means this house is valued at £6,931 per sq meter (£643 per sq foot).
The average size of a house on WEST LEA ROAD is 116 sq meters (1,257 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near West Lea Road |
Jun 2024 | Anti-social behaviour | On or near Meadow Gardens | |
Jun 2024 | Anti-social behaviour | On or near Meadow Gardens | |
Jun 2024 | Anti-social behaviour | On or near Meadow Gardens | |
Jun 2024 | Anti-social behaviour | On or near Meadow Gardens |