£1,301,657
This estimated value is based upon the latest sale price for the house of £1,050,000 on 2 Aug 2019. 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 |
|---|---|
| £1,050,000 | 2 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 278 sq meters or 2,992 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 August 2019 the House Price Index for BATH AND NORTH EAST SOMERSET was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,301,657.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £1,050,000 | £251,657 | £1,301,657 |
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 | -15.365 % | £-161,328 | £888,671 |
| 3 Month Average | 18.362 % | £192,796 | £1,242,796 |
| 6 Month Average | 13.906 % | £146,010 | £1,196,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £282,453 | £280,000 | FLAT 3 6 OLDFIELD ROAD |
| 12 Apr 2024 | £332,891 | £330,000 | 31 OLDFIELD ROAD |
| 1 Aug 2023 | £1,222,041 | £1,200,000 | 1 OLDFIELD ROAD |
| 2 Aug 2022 | £437,044 | £435,000 | FLAT 2 18 UPPER OLDFIELD PARK |
| 14 Jun 2022 | £284,072 | £278,000 | BASEMENT FLAT 3 UPPER OLDFIELD PARK |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 18 Feb 2019. Using an estimated price of £1,301,658 means this house is valued at £4,682 per sq meter (£434 per sq foot).
The average size of a house on OLDFIELD ROAD is 157 sq meters (1,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Oldfield Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Oldfield Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Upper Oldfield Park |
| May 2024 | Anti-social behaviour | On or near Hayden Close | |
| May 2024 | Anti-social behaviour | On or near Hayden Close |