£294,014
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Jan 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 |
|---|---|
| £225,000 | 25 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £225,000 results in an estimated price of approximately £294,014.
| 25 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £225,000 | £69,014 | £294,014 |
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 | 72.183 % | £162,410 | £387,410 |
| 3 Month Average | 44.545 % | £100,225 | £325,225 |
| 6 Month Average | 28.653 % | £64,469 | £289,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £216,897 | £215,000 | FLAT 5 DORSET HOUSE MOORFIELDS ROAD |
| 20 Jun 2023 | £197,391 | £195,000 | FLAT 5 SOMERSET HOUSE MOORFIELDS ROAD |
| 3 Mar 2023 | £249,349 | £247,000 | 26 POPLAR CLOSE |
| 20 Jan 2023 | £187,119 | £188,000 | FLAT 13 ASCENSION HOUSE MOORFIELDS ROAD |
| 5 Sep 2022 | £398,532 | £401,750 | 128 THE OVAL |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 May 2017. Using an estimated price of £294,014 means this house is valued at £3,721 per sq meter (£345 per sq foot).
The average size of a house on MOORFIELDS ROAD is 77 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorfields Drive |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Moorfields Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorfields Drive |
| Feb 2024 | Public order | Under investigation | On or near Moorfields Drive |
| Feb 2024 | Possession of weapons | Under investigation | On or near Moorfields Drive |