£726,145
This estimated value is based upon the latest sale price for the house of £576,000 on 23 Nov 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 |
|---|---|
| £576,000 | 23 Nov 2017 |
| £121,250 | 18 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 November 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £576,000 results in an estimated price of approximately £726,145.
| 23 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £576,000 | £150,145 | £726,145 |
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 | -8.771 % | £-50,523 | £525,476 |
| 3 Month Average | 14.153 % | £81,522 | £657,522 |
| 6 Month Average | 19.964 % | £114,991 | £690,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2020 | £683,199 | £565,000 | 2 EAST LEA ROAD |
| 18 Jun 2020 | £590,975 | £488,000 | 32 MANOR PARK |
| 1 Nov 2019 | £306,611 | £250,000 | 97 FRANKLAND CLOSE |
| 14 Feb 2019 | £697,927 | £565,000 | 5 MANOR PARK |
| 27 Sep 2017 | £621,058 | £490,000 | 16 MANOR PARK |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 21 Aug 2017.
The average size of a house on PENN LEA ROAD is 153 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Lea Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankland Close |
| Jan 2024 | Other theft | Under investigation | On or near Burleigh Gardens |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Burleigh Gardens |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Burleigh Gardens |