£1,093,822
This estimated value is based upon the latest sale price for the house of £771,000 on 30 Sep 2015. This value is then adjusted by the current Official House Price Index for CITY OF BRISTOL 1
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| Price Paid | Date |
|---|---|
| £771,000 | 30 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF BRISTOL to estimate the market value.
When this house was purchased in September 2015 the House Price Index for CITY OF BRISTOL was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £771,000 results in an estimated price of approximately £1,093,822.
| 30 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £771,000 | £322,822 | £1,093,822 |
The Postcode Pricing Model uses changes in average sales price within the BS9 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 | 18.967 % | £146,233 | £917,233 |
| 3 Month Average | 17.953 % | £138,420 | £909,420 |
| 6 Month Average | 34.838 % | £268,597 | £1,039,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £1,009,952 | £995,000 | 4 SHAPLANDS |
| 25 Aug 2023 | £988,649 | £980,000 | 14 SHAPLANDS |
| 28 Jul 2023 | £947,756 | £935,000 | 74 PARRYS LANE |
| 5 Jan 2023 | £1,144,608 | £1,150,000 | 61 PARRYS LANE |
| 25 Nov 2022 | £1,185,638 | £1,200,000 | 1 & 2 HOME FARM COTTAGES SHAPLANDS |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 19 Jun 2015. Using an estimated price of £1,093,822 means this house is valued at £6,322 per sq meter (£587 per sq foot).
The average size of a house on ORMEROD ROAD is 184 sq meters (1,985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Ormerod Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hornby Place |
| Feb 2024 | Drugs | Under investigation | On or near Shaplands |
| Mar 2024 | Drugs | Under investigation | On or near University Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near University Close |