£578,950
This estimated value is based upon the latest sale price for the house of £460,000 on 3 Jul 2017. 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 |
---|---|
£460,000 | 3 Jul 2017 |
£440,000 | 14 Nov 2016 |
£350,000 | 24 May 2006 |
Detached |
Freehold |
Floor Area: 239 sq meters or 2,572 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 July 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £460,000 results in an estimated price of approximately £578,950.
3 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 146.7 | 25.859 % | £460,000 | £118,950 | £578,950 |
The Postcode Pricing Model uses changes in average sales price within the BA3 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 | 93.759 % | £431,292 | £891,292 |
3 Month Average | 33.401 % | £153,645 | £613,645 |
6 Month Average | 22.161 % | £101,941 | £561,941 |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 2 Dec 2015.
The average size of a house on WELLS ROAD is 113 sq meters (1,226 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somervale Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somervale Road |
Jan 2024 | Public order | Formal action is not in the public interest | On or near Somervale Road |
Dec 2023 | Other theft | Under investigation | On or near Somervale Road |
Feb 2024 | Anti-social behaviour | On or near Parking Area |