£323,687
This estimated value is based upon the latest sale price for the house of £269,950 on 19 Aug 2020. 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 |
|---|---|
| £269,950 | 19 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £269,950 results in an estimated price of approximately £323,687.
| 19 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £269,950 | £53,737 | £323,687 |
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 | 29.974 % | £80,914 | £350,864 |
| 3 Month Average | 23.014 % | £62,126 | £332,076 |
| 6 Month Average | 21.701 % | £58,581 | £328,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £253,757 | £250,000 | 23 KEWSTOKE ROAD |
| 16 Jun 2023 | £366,945 | £362,500 | 48 AXBRIDGE ROAD |
| 30 Mar 2023 | £284,682 | £282,000 | 120 QUEENS DRIVE |
| 28 Oct 2022 | £247,337 | £250,000 | 53 MEARE ROAD |
| 31 Jan 2022 | £303,093 | £288,000 | 129 QUEENS DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Sep 2019. Using an estimated price of £323,688 means this house is valued at £3,763 per sq meter (£349 per sq foot).
The average size of a house on MEARE ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Axbridge Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Axbridge Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meare Road |
| Mar 2024 | Anti-social behaviour | On or near Meare Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meare Road |