£1,080,002
This estimated value is based upon the latest sale price for the house of £625,000 on 25 Jul 2011. 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 |
|---|---|
| £625,000 | 25 Jul 2011 |
| Terraced |
| Leasehold |
| Floor Area: 125 sq meters or 1,352 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 2011 the House Price Index for BATH AND NORTH EAST SOMERSET was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £625,000 results in an estimated price of approximately £1,080,002.
| 25 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £625,000 | £455,002 | £1,080,002 |
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 | 84.062 % | £525,384 | £1,150,384 |
| 3 Month Average | 59.049 % | £369,059 | £994,059 |
| 6 Month Average | 66.222 % | £413,887 | £1,038,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £629,317 | £620,000 | 4 MOUNT BEACON ROW |
| 25 Nov 2022 | £1,531,450 | £1,550,000 | 29 RICHMOND PLACE |
| 14 Nov 2022 | £938,630 | £950,000 | 44 LANSDOWN HEIGHTS |
| 29 Jul 2022 | £952,564 | £950,000 | 22 LANSDOWN HEIGHTS |
| 8 Jul 2022 | £777,092 | £775,000 | 34 LANSDOWN HEIGHTS |
This house has a floor area of 125 sq meters or 1,352 sq feet when measured on 3 May 2011. Using an estimated price of £1,080,003 means this house is valued at £8,596 per sq meter (£798 per sq foot).
The average size of a house on RICHMOND PLACE is 126 sq meters (1,361 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Richmond Heights |
| Mar 2024 | Vehicle crime | Under investigation | On or near Northfields Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Marshfield Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near St Stephen'S Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near St Stephen'S Close |