£393,335
This estimated value is based upon the latest sale price for the house of £318,000 on 3 Aug 2018. 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 |
|---|---|
| £318,000 | 3 Aug 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for BATH AND NORTH EAST SOMERSET was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £318,000 results in an estimated price of approximately £393,335.
| 3 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £318,000 | £75,335 | £393,335 |
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 | 13.592 % | £43,222 | £361,222 |
| 3 Month Average | 10.208 % | £32,460 | £350,460 |
| 6 Month Average | 9.362 % | £29,770 | £347,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £243,274 | £240,000 | FLAT 2 2 CLEVELAND PLACE EAST |
| 21 Jun 2023 | £242,943 | £240,000 | FLAT 3 8 WALCOT TERRACE |
| 17 Mar 2023 | £211,997 | £210,000 | FLAT 3 2 CANTON PLACE |
| 18 Jan 2023 | £547,421 | £550,000 | BRIDGE HOUSE, 4 CLEVELAND BRIDGE |
| 10 Jan 2023 | £253,804 | £255,000 | FLAT 1 7 CLEVELAND PLACE EAST |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Jul 2017. Using an estimated price of £393,336 means this house is valued at £5,619 per sq meter (£522 per sq foot).
The average size of a house on CLEVELAND REACH is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Cleveland Place |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Cleveland Place |
| Apr 2024 | Drugs | Formal action is not in the public interest | On or near Sports/Recreation Area |
| Apr 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |