£242,288
This estimated value is based upon the latest sale price for the house of £195,000 on 25 Jul 2019. This value is then adjusted by the current Official House Price Index for CITY OF BRISTOL 1
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Price Paid | Date |
---|---|
£195,000 | 25 Jul 2019 |
£142,500 | 11 Dec 2014 |
£149,995 | 18 Jan 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 27 sq meters or 290 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 July 2019 the House Price Index for CITY OF BRISTOL was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £195,000 results in an estimated price of approximately £242,288.
25 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £195,000 | £47,288 | £242,288 |
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 | 23.988 % | £46,775 | £241,775 |
3 Month Average | 8.385 % | £16,351 | £211,351 |
6 Month Average | 17.330 % | £33,794 | £228,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £466,162 | £459,000 | 12 PICTURE HOUSE COURT |
21 Dec 2023 | £350,779 | £340,000 | 6 POETS MEWS |
29 Nov 2023 | £225,730 | £220,000 | FLAT D 8 NORTH STREET |
21 Jun 2023 | £295,930 | £290,000 | 1 POETS MEWS |
5 Apr 2023 | £208,907 | £205,000 | 12 KINGS COURT MERRYWOOD ROAD |
This house has a floor area of 27 sq meters or 290 sq feet when measured on 9 Nov 2018. Using an estimated price of £242,288 means this house is valued at £8,973 per sq meter (£833 per sq foot).
The average size of a house on MERRYWOOD ROAD is 86 sq meters (935 sq feet).
This house is the smallest in the street with a floor area of 27 sq meters (290 sq feet).