£384,014
This estimated value is based upon the latest sale price for the house of £220,000 on 18 May 2006. 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 | 18 May 2006 |
| Detached |
| 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 2006 the House Price Index for BATH AND NORTH EAST SOMERSET was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £220,000 results in an estimated price of approximately £384,014.
| 18 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £220,000 | £164,014 | £384,014 |
The Postcode Pricing Model uses changes in average sales price within the BS31 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 | 65.652 % | £144,433 | £364,433 |
| 3 Month Average | 72.363 % | £159,198 | £379,198 |
| 6 Month Average | 80.020 % | £176,044 | £396,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £489,280 | £485,000 | 41 LOCKINGWELL ROAD |
| 28 Feb 2023 | £489,171 | £489,500 | 5 ORCHARD CLOSE |
| 24 Nov 2022 | £428,806 | £434,000 | 3 WESTFIELD CLOSE |
| 26 Oct 2022 | £278,007 | £281,000 | 75 ST FRANCIS ROAD |
| 1 Jul 2022 | £471,269 | £470,000 | 32 LOCKINGWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Orchard Close |
| Mar 2024 | Other theft | Under investigation | On or near Mendip Close |
| Mar 2024 | Other theft | Under investigation | On or near Winscombe Close |