£173,092
This estimated value is based upon the latest sale price for the house of £50,500 on 18 May 2001. 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 Orchard Terrace
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| Price Paid | Date |
|---|---|
| £50,500 | 18 May 2001 |
| Terraced |
| 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 May 2001 the House Price Index for BATH AND NORTH EAST SOMERSET was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £50,500 results in an estimated price of approximately £173,092.
| 18 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £50,500 | £122,592 | £173,092 |
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 | 251.959 % | £127,239 | £177,739 |
| 3 Month Average | 268.667 % | £135,676 | £186,176 |
| 6 Month Average | 266.892 % | £134,780 | £185,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £334,930 | £332,000 | 7 RIVER PLACE |
| 18 Aug 2023 | £282,471 | £280,000 | 144 HIGH STREET |
| 24 Jun 2022 | £131,863 | £130,000 | 117 HIGH STREET |
| 31 May 2022 | £362,837 | £356,000 | 9 ORCHARD TERRACE |
| 29 Apr 2022 | £357,958 | £347,600 | 16 LANDSEER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Orchard Terrace |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Orchard Terrace |