£590,086
This estimated value is based upon the latest sale price for the house of £345,000 on 15 Oct 2012. 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 |
|---|---|
| £345,000 | 15 Oct 2012 |
| £250,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 2012 the House Price Index for BATH AND NORTH EAST SOMERSET was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £345,000 results in an estimated price of approximately £590,086.
| 15 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £345,000 | £245,086 | £590,086 |
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 | 36.585 % | £126,217 | £471,217 |
| 3 Month Average | 49.078 % | £169,320 | £514,320 |
| 6 Month Average | 57.002 % | £196,657 | £541,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £319,828 | £310,000 | 27 CORK STREET |
| 29 Nov 2023 | £579,716 | £565,000 | 4 CORK STREET |
| 8 Sep 2023 | £419,242 | £410,000 | 21 CORK STREET |
| 10 Feb 2023 | £473,440 | £470,277 | 10 CORK TERRACE |
| 6 Jan 2023 | £421,125 | £420,000 | 25 CORK STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 16 Jun 2012. Using an estimated price of £590,087 means this house is valued at £5,268 per sq meter (£489 per sq foot).
The average size of a house on CORK STREET is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near St Michael'S Road | |
| Aug 2024 | Anti-social behaviour | On or near St Michael'S Road | |
| Aug 2024 | Anti-social behaviour | On or near St Michael'S Road | |
| Oct 2024 | Theft from the person | Under investigation | On or near Cork Street |
| Oct 2024 | Vehicle crime | Further investigation is not in the public interest | On or near Audley Avenue |