£504,435
This estimated value is based upon the latest sale price for the house of £495,000 on 21 Apr 2023. 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 |
|---|---|
| £495,000 | 21 Apr 2023 |
| £357,000 | 2 Oct 2015 |
| £169,950 | 16 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 959 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 April 2023 the House Price Index for BATH AND NORTH EAST SOMERSET was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £495,000 results in an estimated price of approximately £504,435.
| 21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £495,000 | £9,435 | £504,435 |
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 | -5.716 % | £-28,295 | £466,704 |
| 3 Month Average | 27.645 % | £136,844 | £631,844 |
| 6 Month Average | 5.366 % | £26,559 | £521,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £479,742 | £465,000 | FLAT 3 13 RUSSELL STREET |
| 15 Sep 2023 | £281,199 | £275,000 | SECOND FLOOR FLAT 32 RIVERS STREET |
| 21 Apr 2023 | £504,435 | £495,000 | 12 MORFORD STREET |
| 13 Apr 2023 | £234,384 | £230,000 | FLAT 3 17 MORFORD STREET |
| 24 Feb 2023 | £2,214,795 | £2,200,000 | 18 RUSSELL STREET |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 14 Oct 2008. Using an estimated price of £504,435 means this house is valued at £5,661 per sq meter (£525 per sq foot).
The average size of a house on MORFORD STREET is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Morford Street | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morford Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Morford Street |
| Sep 2024 | Other crime | Under investigation | On or near Morford Street |
| Aug 2024 | Robbery | Unable to prosecute suspect | On or near Morford Street |