£558,343
This estimated value is based upon the latest sale price for the house of £453,000 on 7 Feb 2020. 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 |
|---|---|
| £453,000 | 7 Feb 2020 |
| £300,000 | 17 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 February 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £453,000 results in an estimated price of approximately £558,343.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £453,000 | £105,343 | £558,343 |
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 | -11.819 % | £-53,541 | £399,458 |
| 3 Month Average | 19.795 % | £89,669 | £542,669 |
| 6 Month Average | 16.444 % | £74,490 | £527,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £649,314 | £635,000 | 40 MINSTER WAY |
| 7 Aug 2023 | £637,498 | £626,000 | 33 LASCELLES AVENUE |
| 9 Jun 2023 | £602,065 | £590,000 | 3 ST CHRISTOPHERS CLOSE |
| 9 Jun 2023 | £617,372 | £605,000 | 38 MINSTER WAY |
| 28 Feb 2023 | £583,900 | £580,000 | 16 MINSTER WAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 15 Oct 2010. Using an estimated price of £558,344 means this house is valued at £5,169 per sq meter (£480 per sq foot).
The average size of a house on MINSTER WAY is 129 sq meters (1,392 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Warminster Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Inglis Court |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Trossachs Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cussons Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cussons Street |