£276,274
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Oct 2023. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There has been one burglary within the last year on or near Wellsway Park
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Oct 2023 |
| £200,000 | 30 Apr 2014 |
| £151,500 | 21 Sep 2005 |
| £63,950 | 21 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2023 the House Price Index for BATH AND NORTH EAST SOMERSET was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £270,000 results in an estimated price of approximately £276,274.
| 23 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £270,000 | £6,274 | £276,274 |
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 | -20.522 % | £-55,408 | £214,591 |
| 3 Month Average | -2.385 % | £-6,439 | £263,560 |
| 6 Month Average | -5.314 % | £-14,347 | £255,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £276,275 | £270,000 | 18 SULIS MANOR ROAD |
| 28 Sep 2023 | £322,100 | £315,000 | 23 SPRUCE WAY |
| 1 Sep 2023 | £276,086 | £270,000 | 10 WILLOW CLOSE |
| 12 Nov 2021 | £356,818 | £327,500 | 6 WILLOW CLOSE |
| 26 Oct 2021 | £278,667 | £250,000 | 27 WILLOW CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Feb 2014. Using an estimated price of £276,275 means this house is valued at £5,023 per sq meter (£466 per sq foot).
The average size of a house on SULIS MANOR ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Wellsway Park |
| Jul 2024 | Public order | Under investigation | On or near Wellsway Park |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wellsway Park |
| Jun 2024 | Burglary | Under investigation | On or near Wellsway Park |
| Jul 2024 | Burglary | Under investigation | On or near Willow Close |