£410,063
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Oct 2005. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There has been one burglary within the last year on or near Wellow Mead
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Oct 2005 |
| £220,000 | 1 Sep 2004 |
| Detached |
| Freehold |
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 2005 the House Price Index for BATH AND NORTH EAST SOMERSET was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £225,000 results in an estimated price of approximately £410,063.
| 12 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £225,000 | £185,063 | £410,063 |
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 | 117.197 % | £263,694 | £488,694 |
| 3 Month Average | 109.728 % | £246,887 | £471,887 |
| 6 Month Average | 108.662 % | £244,490 | £469,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £325,699 | £320,000 | 18 WELLOW LANE |
| 7 Aug 2023 | £252,206 | £250,000 | 3 RED POST COURT |
| 29 Apr 2022 | £391,272 | £379,950 | 58 WELLOW MEAD |
| 1 Mar 2022 | £362,692 | £350,000 | 7 BRAYSDOWN CLOSE |
| 1 Dec 2021 | £241,060 | £225,000 | 4 RED POST COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Wellow Mead |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wellow Mead |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Red Post Court |
| Mar 2024 | Public order | Under investigation | On or near Red Post Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Red Post Court |