£2,039,275
This estimated value is based upon the latest sale price for the house of £1,700,000 on 31 Mar 2020. 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 |
---|---|
£1,700,000 | 31 Mar 2020 |
£2,100,000 | 26 Feb 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 230 sq meters or 2,475 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 March 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £1,700,000 results in an estimated price of approximately £2,039,275.
31 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.0 | 19.957 % | £1,700,000 | £339,275 | £2,039,275 |
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 | 31.324 % | £532,509 | £2,232,509 |
3 Month Average | 15.968 % | £271,448 | £1,971,448 |
6 Month Average | 8.230 % | £139,916 | £1,839,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £893,017 | £890,000 | APARTMENT 7 CAVENDISH LODGE CAVENDISH ROAD |
21 Dec 2023 | £560,606 | £550,000 | 9 LANSDOWN PLACE WEST |
21 Nov 2023 | £1,519,507 | £1,500,000 | 5 CAVENDISH CRESCENT |
14 Jul 2023 | £641,064 | £635,000 | APARTMENT 8 CAVENDISH LODGE CAVENDISH ROAD |
14 Jul 2023 | £514,870 | £510,000 | GARDEN FLAT 11 CAVENDISH CRESCENT |
This house has a floor area of 230 sq meters or 2,475 sq feet when measured on 2 Dec 2014. Using an estimated price of £2,039,275 means this house is valued at £8,866 per sq meter (£823 per sq foot).
The average size of a house on SOMERSET PLACE is 198 sq meters (2,138 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Somerset Place |
Feb 2024 | Burglary | Under investigation | On or near Winifred'S Lane |
Mar 2024 | Public order | Under investigation | On or near Cavendish Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Crescent |
Feb 2024 | Vehicle crime | Under investigation | On or near Cavendish Crescent |