£404,206
This estimated value is based upon the latest sale price for the house of £387,000 on 25 Feb 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 |
|---|---|
| £387,000 | 25 Feb 2022 |
| £200,000 | 8 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 February 2022 the House Price Index for BATH AND NORTH EAST SOMERSET was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £387,000 results in an estimated price of approximately £404,206.
| 25 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £387,000 | £17,206 | £404,206 |
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 | 24.616 % | £95,265 | £482,265 |
| 3 Month Average | 20.881 % | £80,810 | £467,810 |
| 6 Month Average | 10.939 % | £42,335 | £429,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £300,000 | £300,000 | 667 WELLSWAY |
| 17 Oct 2022 | £305,459 | £310,000 | 9 EASTOVER GROVE |
| 19 Aug 2022 | £506,577 | £510,000 | 11 UPPER BLOOMFIELD ROAD |
| 31 May 2022 | £363,402 | £358,000 | 5 CLARE GARDENS |
| 11 Mar 2022 | £346,778 | £336,000 | 21 CLARE GARDENS |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Feb 2014. Using an estimated price of £404,206 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on COLBOURNE ROAD is 97 sq meters (1,046 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wellsway Close | |
| Mar 2024 | Anti-social behaviour | On or near Wellsway Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wellsway Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellsway Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Abingdon Gardens |