£762,666
This estimated value is based upon the latest sale price for the house of £230,000 on 31 Aug 2001. 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 |
|---|---|
| £230,000 | 31 Aug 2001 |
| £135,000 | 28 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 August 2001 the House Price Index for BATH AND NORTH EAST SOMERSET was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £230,000 results in an estimated price of approximately £762,666.
| 31 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £230,000 | £532,666 | £762,666 |
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 | 200.078 % | £460,180 | £690,180 |
| 3 Month Average | 174.912 % | £402,297 | £632,297 |
| 6 Month Average | 194.033 % | £446,276 | £676,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £360,335 | £355,000 | 52 MEADOW PARK |
| 1 Jun 2023 | £895,852 | £885,000 | 7 BARNFIELD WAY |
| 28 Mar 2023 | £989,321 | £980,000 | 2 BARNFIELD WAY |
| 6 Jan 2023 | £487,703 | £490,000 | 5 MEADOW PARK |
| 23 Aug 2022 | £4,488 | £4,500 | 49 - 50 MEADOW PARK |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 29 Jan 2014. Using an estimated price of £762,666 means this house is valued at £5,153 per sq meter (£478 per sq foot).
The average size of a house on MORRIS LANE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Warleigh Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Warleigh Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westwoods |
| Apr 2024 | Other theft | Under investigation | On or near Shockerwick Lane |
| Jan 2024 | Burglary | Under investigation | On or near High Bannerdown |