£453,496
This estimated value is based upon the latest sale price for the house of £425,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for CITY OF BRISTOL 1
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| Price Paid | Date |
|---|---|
| £425,000 | 21 Dec 2021 |
| £155,000 | 10 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF BRISTOL to estimate the market value.
When this house was purchased in December 2021 the House Price Index for CITY OF BRISTOL was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £425,000 results in an estimated price of approximately £453,496.
| 21 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £425,000 | £28,496 | £453,496 |
The Postcode Pricing Model uses changes in average sales price within the BS3 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 | -19.932 % | £-84,709 | £340,290 |
| 3 Month Average | 21.061 % | £89,510 | £514,510 |
| 6 Month Average | 10.582 % | £44,972 | £469,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £511,567 | £505,000 | 55 LANGTON PARK |
| 29 Aug 2023 | £603,671 | £600,000 | 6 LANGTON PARK |
| 17 Mar 2023 | £263,927 | £262,500 | FLAT 1 SUMMERWOOD, 55 MERRYWOOD ROAD |
| 21 Feb 2023 | £562,340 | £565,000 | 12 MERRYWOOD ROAD |
| 23 Jan 2023 | £287,971 | £290,500 | 13 LANGTON PARK |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Nov 2021. Using an estimated price of £453,497 means this house is valued at £5,889 per sq meter (£547 per sq foot).
The average size of a house on MERRYWOOD CLOSE is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Merrywood Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Merrywood Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Milford Street |
| Apr 2024 | Other theft | Under investigation | On or near Milford Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Milford Street |