£385,233
This estimated value is based upon the latest sale price for the house of £290,000 on 16 Sep 2016. 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 |
|---|---|
| £290,000 | 16 Sep 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 September 2016 the House Price Index for BATH AND NORTH EAST SOMERSET was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £290,000 results in an estimated price of approximately £385,233.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £290,000 | £95,233 | £385,233 |
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 | 28.867 % | £83,713 | £373,713 |
| 3 Month Average | 5.687 % | £16,493 | £306,493 |
| 6 Month Average | 11.051 % | £32,046 | £322,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £573,490 | £565,000 | 4 CORK STREET |
| 20 Nov 2023 | £380,635 | £375,000 | FLAT 2 9 PARK LANE |
| 8 Nov 2023 | £570,445 | £562,000 | 24 TENNYSON ROAD |
| 24 Aug 2023 | £1,016,896 | £1,008,000 | 8 PARK LANE |
| 10 Feb 2023 | £359,758 | £360,000 | 4 PARK LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 May 2016. Using an estimated price of £385,233 means this house is valued at £5,136 per sq meter (£477 per sq foot).
The average size of a house on PARK LANE is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |
| Apr 2024 | Public order | Under investigation | On or near Upper Bristol Road |
| Apr 2024 | Other theft | Under investigation | On or near Upper Bristol Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Bristol Road |
| Mar 2024 | Public order | Under investigation | On or near Upper Bristol Road |