£204,001
This estimated value is based upon the latest sale price for the house of £43,000 on 20 Feb 1998. 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 |
|---|---|
| £43,000 | 20 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 February 1998 the House Price Index for BATH AND NORTH EAST SOMERSET was 30.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 374.421%.Applying this 374.421% change to the original purchase price of £43,000 results in an estimated price of approximately £204,001.
| 20 Feb 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 146.7 | 374.421 % | £43,000 | £161,001 | £204,001 |
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 | 442.449 % | £190,252 | £233,252 |
| 3 Month Average | 368.256 % | £158,349 | £201,349 |
| 6 Month Average | 378.835 % | £162,898 | £205,898 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Feb 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 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Dring |