£1,034,045
This estimated value is based upon the latest sale price for the house of £875,000 on 20 Oct 2020. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £875,000 | 20 Oct 2020 |
| £95,000 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 October 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £875,000 results in an estimated price of approximately £1,034,045.
| 20 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £875,000 | £159,045 | £1,034,045 |
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 | 0.887 % | £7,764 | £882,764 |
| 3 Month Average | 10.250 % | £89,684 | £964,684 |
| 6 Month Average | 23.064 % | £201,810 | £1,076,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2024 | £826,000 | £826,000 | 48 MORRIS LANE |
| 12 Aug 2024 | £780,000 | £780,000 | 25 BARNFIELD WAY |
| 25 Jun 2024 | £495,000 | £495,000 | 4 MEADOW PARK |
| 8 Nov 2023 | £364,246 | £355,000 | 52 MEADOW PARK |
| 9 Oct 2023 | £450,226 | £440,000 | 51 MEADOW PARK |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 15 Sep 2017. Using an estimated price of £1,034,046 means this house is valued at £4,854 per sq meter (£451 per sq foot).
The average size of a house on MORRIS LANE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Barnfield Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Morris Lane |
| Sep 2024 | Burglary | Under investigation | On or near Shockerwick Lane |
| Aug 2024 | Burglary | Under investigation | On or near Shockerwick Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near London Road East |