£455,735
This estimated value is based upon the latest sale price for the house of £345,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There has been one burglary within the last year on or near Faulkland Road
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| Price Paid | Date |
|---|---|
| £345,000 | 9 Dec 2016 |
| £85,500 | 2 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2016 the House Price Index for BATH AND NORTH EAST SOMERSET was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £345,000 results in an estimated price of approximately £455,735.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £345,000 | £110,735 | £455,735 |
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 | -9.246 % | £-31,900 | £313,099 |
| 3 Month Average | 32.182 % | £111,028 | £456,028 |
| 6 Month Average | 26.317 % | £90,793 | £435,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £284,369 | £280,000 | 26 FAULKLAND ROAD |
| 2 Oct 2023 | £434,877 | £425,000 | 45 FAULKLAND ROAD |
| 14 Apr 2023 | £422,910 | £415,000 | 9 FAULKLAND ROAD |
| 3 Mar 2023 | £406,793 | £400,000 | 37 FAULKLAND ROAD |
| 1 Mar 2023 | £310,180 | £305,000 | 34 FAULKLAND ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Jun 2013. Using an estimated price of £455,736 means this house is valued at £5,918 per sq meter (£549 per sq foot).
The average size of a house on FAULKLAND ROAD is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Faulkland Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faulkland Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faulkland Road |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Faulkland Road |
| Jun 2024 | Anti-social behaviour | On or near St Kilda'S Road |