£715,060
This estimated value is based upon the latest sale price for the house of £550,000 on 23 Feb 2017. 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 |
|---|---|
| £550,000 | 23 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 February 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £550,000 results in an estimated price of approximately £715,060.
| 23 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £550,000 | £165,060 | £715,060 |
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 | 79.670 % | £438,183 | £988,183 |
| 3 Month Average | 37.193 % | £204,562 | £754,562 |
| 6 Month Average | 33.356 % | £183,458 | £733,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £645,648 | £640,000 | 37 STONEHOUSE LANE |
| 18 Aug 2023 | £665,825 | £660,000 | 16 STONEHOUSE CLOSE |
| 27 Feb 2023 | £564,620 | £565,000 | 2 STONEHOUSE LANE |
| 23 Feb 2023 | £449,697 | £450,000 | 4 NORTH ROAD |
| 26 Aug 2022 | £443,805 | £445,000 | 51 STONEHOUSE LANE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 21 Jun 2016. Using an estimated price of £715,060 means this house is valued at £5,071 per sq meter (£471 per sq foot).
The average size of a house on STONEHOUSE LANE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Bramble Way |
| Dec 2023 | Vehicle crime | Under investigation | On or near Westerleigh Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hadley Road |