£493,333
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Oct 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 |
|---|---|
| £290,000 | 28 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2010 the House Price Index for BATH AND NORTH EAST SOMERSET was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £290,000 results in an estimated price of approximately £493,333.
| 28 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £290,000 | £203,333 | £493,333 |
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 | 72.687 % | £210,792 | £500,792 |
| 3 Month Average | 71.199 % | £206,477 | £496,477 |
| 6 Month Average | 70.596 % | £204,727 | £494,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £360,335 | £355,000 | UPPER MAISONETTE 17 VICTORIA TERRACE |
| 20 Sep 2023 | £521,670 | £515,000 | 52 LORNE ROAD |
| 23 Jun 2023 | £379,598 | £375,000 | 25 LORNE ROAD |
| 24 Feb 2023 | £401,830 | £402,100 | 18 VICTORIA ROAD |
| 24 Feb 2023 | £352,763 | £353,000 | 3 STANLEY ROAD WEST |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Sep 2020. Using an estimated price of £493,334 means this house is valued at £4,526 per sq meter (£420 per sq foot).
The average size of a house on VICTORIA ROAD is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Victoria Road |
| Jan 2024 | Public order | Under investigation | On or near Victoria Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lorne Road |
| Jan 2024 | Anti-social behaviour | On or near Lorne Road | |
| Jan 2024 | Anti-social behaviour | On or near Lorne Road |