£545,455
This estimated value is based upon the latest sale price for the house of £315,000 on 5 Jan 2012. 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 Newbridge Road
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Price Paid | Date |
---|---|
£315,000 | 5 Jan 2012 |
£238,000 | 16 Feb 2007 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2012 the House Price Index for BATH AND NORTH EAST SOMERSET was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £315,000 results in an estimated price of approximately £545,455.
5 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 73.160 % | £315,000 | £230,455 | £545,455 |
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 | 80.419 % | £253,320 | £568,320 |
3 Month Average | 96.887 % | £305,192 | £620,192 |
6 Month Average | 83.709 % | £263,682 | £578,682 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2024 | £505,000 | £505,000 | 1 NEWBRIDGE GARDENS |
16 Aug 2024 | £442,200 | £442,200 | 8 WESTFIELD PARK SOUTH |
14 May 2024 | £590,000 | £590,000 | 13 NEWBRIDGE GARDENS |
28 Oct 2022 | £518,269 | £520,000 | 12 HOMELEA PARK EAST |
5 Sep 2022 | £471,685 | £472,000 | 11 HOMELEA PARK WEST |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 17 Jun 2013. Using an estimated price of £545,455 means this house is valued at £5,194 per sq meter (£482 per sq foot).
The average size of a house on NEWBRIDGE ROAD is 127 sq meters (1,372 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Under investigation | On or near Newbridge Road |
Sep 2024 | Public order | Under investigation | On or near Newbridge Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Newbridge Road |
Aug 2024 | Anti-social behaviour | On or near Rudmore Park | |
Aug 2024 | Anti-social behaviour | On or near Rudmore Park |