£589,421
This estimated value is based upon the latest sale price for the house of £444,500 on 2 Aug 2016. 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 |
|---|---|
| £444,500 | 2 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 2016 the House Price Index for BATH AND NORTH EAST SOMERSET was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £444,500 results in an estimated price of approximately £589,421.
| 2 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £444,500 | £144,921 | £589,421 |
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 | 14.908 % | £66,265 | £510,765 |
| 3 Month Average | 1.692 % | £7,520 | £452,020 |
| 6 Month Average | 13.275 % | £59,009 | £503,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £488,000 | £488,000 | 94 BAY TREE ROAD |
| 24 Nov 2023 | £410,267 | £405,000 | 11 MALVERN BUILDINGS |
| 28 Jul 2023 | £493,241 | £488,575 | 11 FAIRFIELD PARK ROAD |
| 28 Jun 2023 | £574,659 | £570,000 | 67 BAY TREE ROAD |
| 27 Jun 2023 | £415,872 | £412,500 | 3 FAIRFIELD PARK ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Dec 2015. Using an estimated price of £589,421 means this house is valued at £6,622 per sq meter (£615 per sq foot).
The average size of a house on MALVERN BUILDINGS is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Midsummer Buildings |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Midsummer Buildings |
| Apr 2024 | Anti-social behaviour | On or near Midsummer Buildings | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midsummer Buildings |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midsummer Buildings |