£534,642
This estimated value is based upon the latest sale price for the house of £530,000 on 13 Dec 2022. 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 |
|---|---|
| £530,000 | 13 Dec 2022 |
| Terraced |
| Freehold |
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 December 2022 the House Price Index for BATH AND NORTH EAST SOMERSET was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £530,000 results in an estimated price of approximately £534,642.
| 13 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £530,000 | £4,642 | £534,642 |
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 | -7.490 % | £-39,698 | £490,301 |
| 3 Month Average | 8.461 % | £44,843 | £574,843 |
| 6 Month Average | -6.195 % | £-32,831 | £497,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £98,012 | £95,000 | GARAGE ASSOCIATED WITH 5 HIGHBURY PLACE |
| 4 Dec 2023 | £665,448 | £645,000 | 5 FRANKLEY BUILDINGS |
| 17 Aug 2023 | £448,082 | £440,000 | 10 HANOVER TERRACE |
| 2 Aug 2023 | £546,863 | £537,000 | 8 GILLINGHAM TERRACE |
| 30 Jun 2023 | £479,611 | £470,000 | 32 ARUNDEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Awaiting court outcome | On or near Frankley Buildings |
| May 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Frankley Buildings |
| May 2024 | Public order | Formal action is not in the public interest | On or near Frankley Buildings |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankley Buildings |
| Jun 2024 | Bicycle theft | Under investigation | On or near Gillingham Terrace |