£643,847
This estimated value is based upon the latest sale price for the house of £510,000 on 7 Mar 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 |
|---|---|
| £510,000 | 7 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 March 2018 the House Price Index for BATH AND NORTH EAST SOMERSET was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £510,000 results in an estimated price of approximately £643,847.
| 7 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £510,000 | £133,847 | £643,847 |
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 | 55.915 % | £285,163 | £795,163 |
| 3 Month Average | 12.474 % | £63,616 | £573,616 |
| 6 Month Average | 10.561 % | £53,863 | £563,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £655,694 | £650,000 | 4 UPPER HEDGEMEAD ROAD |
| 16 Nov 2023 | £497,632 | £485,000 | 6 LEOPOLD BUILDINGS |
| 11 Apr 2023 | £453,482 | £445,000 | 2 ROSSINI COTTAGES |
| 22 Apr 2022 | £399,407 | £385,000 | 32 ALPINE GARDENS |
| 7 Mar 2022 | £558,504 | £535,000 | 2 LEOPOLD BUILDINGS |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Nov 2017. Using an estimated price of £643,848 means this house is valued at £6,017 per sq meter (£559 per sq foot).
The average size of a house on UPPER HEDGEMEAD ROAD is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Upper Hedgemead Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camden Crescent |
| May 2024 | Anti-social behaviour | On or near Margaret'S Hill | |
| May 2024 | Criminal damage and arson | Under investigation | On or near Margaret'S Hill |
| May 2024 | Anti-social behaviour | On or near Margaret'S Hill |