£499,086
This estimated value is based upon the latest sale price for the house of £385,000 on 18 May 2017. 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 |
|---|---|
| £385,000 | 18 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £385,000 results in an estimated price of approximately £499,086.
| 18 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £385,000 | £114,086 | £499,086 |
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 | 41.485 % | £159,717 | £544,717 |
| 3 Month Average | 14.672 % | £56,487 | £441,487 |
| 6 Month Average | 19.001 % | £73,153 | £458,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £518,269 | £520,000 | 12 HOMELEA PARK EAST |
| 5 Sep 2022 | £471,685 | £472,000 | 11 HOMELEA PARK WEST |
| 29 Jul 2022 | £345,967 | £342,500 | UNIT 8 BRASSMILL ENTERPRISE CENTRE |
| 30 Jun 2022 | £495,849 | £485,250 | 235 NEWBRIDGE ROAD |
| 6 Jun 2022 | £1,277,304 | £1,250,000 | 170 NEWBRIDGE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Mar 2017. Using an estimated price of £499,086 means this house is valued at £5,671 per sq meter (£526 per sq foot).
The average size of a house on HOMELEA PARK EAST is 129 sq meters (1,393 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Rudmore Park | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rudmore Park |
| May 2024 | Public order | Under investigation | On or near Rudmore Park |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rudmore Park |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Brassmill Lane |