£417,214
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Aug 2003. 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 |
|---|---|
| £180,000 | 8 Aug 2003 |
| £52,500 | 26 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2003 the House Price Index for BATH AND NORTH EAST SOMERSET was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £180,000 results in an estimated price of approximately £417,214.
| 8 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £180,000 | £237,214 | £417,214 |
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 | 79.196 % | £142,553 | £322,553 |
| 3 Month Average | 143.503 % | £258,305 | £438,305 |
| 6 Month Average | 144.372 % | £259,868 | £439,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £746,965 | £730,000 | YEW TREE COTTAGE TROSSACHS DRIVE |
| 8 Sep 2023 | £649,314 | £635,000 | 40 MINSTER WAY |
| 15 Aug 2023 | £1,166,031 | £1,145,000 | 12 TROSSACHS DRIVE |
| 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 59 sq meters or 635 sq feet when measured on 23 Jun 2020. Using an estimated price of £417,215 means this house is valued at £7,071 per sq meter (£656 per sq foot).
The average size of a house on WARMINSTER ROAD is 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Trossachs Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Trossachs Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St George'S Hill |
| May 2024 | Violence and sexual offences | Under investigation | On or near Warminster Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Inglis Court |