£371,005
This estimated value is based upon the latest sale price for the house of £375,000 on 17 Oct 2022. 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 |
|---|---|
| £375,000 | 17 Oct 2022 |
| £240,000 | 14 Dec 2007 |
| Semi-Detached |
| Freehold |
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 October 2022 the House Price Index for BATH AND NORTH EAST SOMERSET was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £375,000 results in an estimated price of approximately £371,005.
| 17 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £375,000 | £-3,994 | £371,005 |
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 | 30.376 % | £113,910 | £488,910 |
| 3 Month Average | 11.348 % | £42,556 | £417,556 |
| 6 Month Average | 7.433 % | £27,872 | £402,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2022 | £400,153 | £405,000 | 4 STANWAY CLOSE |
| 17 Oct 2022 | £371,005 | £375,000 | 12 THE BEECHES |
| 8 Jul 2022 | £591,592 | £590,000 | THE QUARRY 500E WELLSWAY |
| 22 Apr 2022 | £298,642 | £290,000 | 532 WELLSWAY |
| 6 Aug 2021 | £351,419 | £315,000 | 1 STANWAY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Frome Road |
| Mar 2024 | Other theft | Under investigation | On or near Frome Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frome Road |
| Feb 2024 | Anti-social behaviour | On or near Frome Road | |
| Feb 2024 | Anti-social behaviour | On or near Frome Road |