£785,981
This estimated value is based upon the latest sale price for the house of £650,000 on 20 Jul 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 |
|---|---|
| £650,000 | 20 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £650,000 results in an estimated price of approximately £785,981.
| 20 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £650,000 | £135,981 | £785,981 |
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 | -27.315 % | £-177,550 | £472,449 |
| 3 Month Average | 28.999 % | £188,494 | £838,494 |
| 6 Month Average | 28.571 % | £185,712 | £835,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £419,167 | £415,500 | 59 TRINITY ROAD |
| 16 Aug 2023 | £433,795 | £430,000 | 67 TRINITY ROAD |
| 1 Aug 2023 | £721,310 | £715,000 | 23 PRIORY CLOSE |
| 4 May 2022 | £1,172,085 | £1,150,000 | 75 PRIORY CLOSE |
| 2 Mar 2022 | £445,593 | £430,000 | 4 TRINITY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Feb 2020. Using an estimated price of £785,982 means this house is valued at £7,705 per sq meter (£715 per sq foot).
The average size of a house on PRIORY CLOSE is 139 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Priory Close | |
| Feb 2024 | Anti-social behaviour | On or near Priory Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Priory Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Priory Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Priory Close |