£405,378
This estimated value is based upon the latest sale price for the house of £325,000 on 30 May 2018. 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 |
|---|---|
| £325,000 | 30 May 2018 |
| £108,500 | 5 Jul 2016 |
| £59,950 | 15 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 May 2018 the House Price Index for BATH AND NORTH EAST SOMERSET was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £325,000 results in an estimated price of approximately £405,378.
| 30 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £325,000 | £80,378 | £405,378 |
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 | 51.760 % | £168,220 | £493,220 |
| 3 Month Average | 30.978 % | £100,677 | £425,677 |
| 6 Month Average | 28.897 % | £93,916 | £418,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £351,255 | £347,000 | 3A BANWELL ROAD |
| 14 Apr 2023 | £303,265 | £300,000 | 18 HOLLY DRIVE |
| 7 Mar 2023 | £341,215 | £338,000 | 19 BANWELL ROAD |
| 4 Mar 2022 | £282,900 | £273,000 | 13 MEADOW DRIVE |
| 21 Jan 2022 | £420,963 | £400,000 | 1 MEADOW DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Jan 2018. Using an estimated price of £405,379 means this house is valued at £3,824 per sq meter (£355 per sq foot).
The average size of a house on RIDGE GREEN CLOSE is 75 sq meters (811 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ridge Green Close | |
| Mar 2024 | Anti-social behaviour | On or near Ridge Green Close | |
| Mar 2024 | Public order | Under investigation | On or near Ridge Green Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ridge Green Close |
| Mar 2024 | Anti-social behaviour | On or near Ridge Green Close |