£205,795
This estimated value is based upon the latest sale price for the house of £45,000 on 15 Jan 1999. 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 |
|---|---|
| £45,000 | 15 Jan 1999 |
| £41,500 | 17 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 January 1999 the House Price Index for BATH AND NORTH EAST SOMERSET was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £45,000 results in an estimated price of approximately £205,795.
| 15 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £45,000 | £160,795 | £205,795 |
The Postcode Pricing Model uses changes in average sales price within the BA3 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 | 312.594 % | £140,667 | £185,667 |
| 3 Month Average | 393.194 % | £176,937 | £221,937 |
| 6 Month Average | 346.734 % | £156,030 | £201,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £294,035 | £285,000 | 4 WOODBOROUGH ROAD |
| 14 Nov 2023 | £287,293 | £280,000 | 5 GORDON BUILDINGS |
| 18 Sep 2023 | £209,621 | £205,000 | 31 DANEACRE ROAD |
| 7 Sep 2023 | £265,861 | £260,000 | 1 CORONATION VILLAS |
| 13 Feb 2023 | £407,724 | £405,000 | CORBIERE MORLEY TERRACE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Jun 2017. Using an estimated price of £205,796 means this house is valued at £2,605 per sq meter (£242 per sq foot).
The average size of a house on MORLEY TERRACE is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Woodborough Road | |
| Aug 2024 | Anti-social behaviour | On or near Woodborough Road | |
| Aug 2024 | Anti-social behaviour | On or near Woodborough Road | |
| Aug 2024 | Anti-social behaviour | On or near Daneacre Road | |
| Aug 2024 | Drugs | Local resolution | On or near Daneacre Road |