£372,814
This estimated value is based upon the latest sale price for the house of £220,000 on 11 Aug 2010. 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 |
|---|---|
| £220,000 | 11 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,035 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 2010 the House Price Index for BATH AND NORTH EAST SOMERSET was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £220,000 results in an estimated price of approximately £372,814.
| 11 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £220,000 | £152,814 | £372,814 |
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 | 81.588 % | £179,493 | £399,493 |
| 3 Month Average | 79.473 % | £174,840 | £394,840 |
| 6 Month Average | 77.637 % | £170,801 | £390,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £287,515 | £285,000 | GROUND FLOOR FLAT 2 94 WELLS ROAD |
| 21 Jun 2023 | £184,232 | £182,000 | FLAT 12 MARR HOUSE THE SQUARE |
| 31 Mar 2023 | £415,918 | £412,000 | 9 THORNBANK PLACE |
| 24 Mar 2023 | £358,376 | £355,000 | FLAT 2 12 LOWER OLDFIELD PARK |
| 25 Oct 2022 | £371,005 | £375,000 | 46 LOWER BRISTOL ROAD |
This house has a floor area of 96 sq meters or 1,035 sq feet when measured on 28 Apr 2010. Using an estimated price of £372,814 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on THORNBANK PLACE is 108 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Thornbank Place | |
| Jan 2024 | Anti-social behaviour | On or near Thornbank Place | |
| Jan 2024 | Anti-social behaviour | On or near Thornbank Place | |
| Dec 2023 | Drugs | Under investigation | On or near Thornbank Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Thornbank Place |