£265,185
This estimated value is based upon the latest sale price for the house of £55,000 on 12 Jan 1998. 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 |
|---|---|
| £55,000 | 12 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 1998 the House Price Index for BATH AND NORTH EAST SOMERSET was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £55,000 results in an estimated price of approximately £265,185.
| 12 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 148.6 | 382.155 % | £55,000 | £210,185 | £265,185 |
The Postcode Pricing Model uses changes in average sales price within the BA2 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 | 556.509 % | £306,079 | £361,079 |
| 3 Month Average | 533.899 % | £293,644 | £348,644 |
| 6 Month Average | 471.614 % | £259,387 | £314,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £324,809 | £320,000 | 6 BROUGHAM HAYES |
| 20 Sep 2023 | £521,670 | £515,000 | 52 LORNE ROAD |
| 23 Jun 2023 | £379,598 | £375,000 | 25 LORNE ROAD |
| 28 Apr 2023 | £273,444 | £270,500 | 22 BROUGHAM HAYES |
| 24 Feb 2023 | £401,830 | £402,100 | 18 VICTORIA ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Jun 2015. Using an estimated price of £265,185 means this house is valued at £2,882 per sq meter (£267 per sq foot).
The average size of a house on LORNE ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lorne Road |
| Jan 2024 | Anti-social behaviour | On or near Lorne Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lorne Road |
| Jan 2024 | Anti-social behaviour | On or near Lorne Road | |
| Jan 2024 | Anti-social behaviour | On or near Lorne Road |