£517,402
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Aug 2018. 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 |
|---|---|
| £420,000 | 31 Aug 2018 |
| £96,800 | 10 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2018 the House Price Index for BATH AND NORTH EAST SOMERSET was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £420,000 results in an estimated price of approximately £517,402.
| 31 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £420,000 | £97,402 | £517,402 |
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 | 5.219 % | £21,919 | £441,919 |
| 3 Month Average | 17.318 % | £72,735 | £492,735 |
| 6 Month Average | 14.525 % | £61,004 | £481,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £188,567 | £185,000 | FIRST FLOOR FLAT 4 ELM PLACE |
| 24 Jul 2023 | £1,211,460 | £1,200,000 | 3 BLOOMFIELD ROAD |
| 31 Mar 2023 | £447,418 | £445,000 | SUITE 2 50 - 52 WELLSWAY |
| 29 Jul 2022 | £459,379 | £460,000 | 12 DEVONSHIRE MEWS DEVONSHIRE BUILDINGS |
| 1 Jun 2022 | £222,253 | £220,000 | SECOND FLOOR FLAT 4 ELM PLACE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Dec 2016. Using an estimated price of £517,402 means this house is valued at £6,087 per sq meter (£565 per sq foot).
The average size of a house on WELLSWAY is 124 sq meters (1,343 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Devonshire Buildings |
| Jan 2024 | Other theft | Under investigation | On or near Devonshire Buildings |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Buildings |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hensley Gardens |
| Mar 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Hensley Gardens |