£367,046
This estimated value is based upon the latest sale price for the house of £300,000 on 28 Feb 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 |
|---|---|
| £300,000 | 28 Feb 2020 |
| £107,500 | 8 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £300,000 results in an estimated price of approximately £367,046.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £300,000 | £67,046 | £367,046 |
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 | 29.140 % | £87,420 | £387,420 |
| 3 Month Average | 25.711 % | £77,133 | £377,133 |
| 6 Month Average | 20.604 % | £61,811 | £361,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £445,699 | £440,000 | 26 MENDIP GARDENS |
| 25 Jan 2023 | £204,039 | £205,000 | 25 MENDIP GARDENS |
| 28 Jan 2022 | £460,955 | £438,000 | 3 ABINGDON PLACE |
| 22 Oct 2021 | £276,620 | £250,000 | 651 WELLSWAY |
| 25 Aug 2021 | £298,427 | £267,500 | 677 WELLSWAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Jun 2019. Using an estimated price of £367,047 means this house is valued at £4,705 per sq meter (£437 per sq foot).
The average size of a house on MENDIP GARDENS is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fosse Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Fosse Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fosse Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Fosse Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fosse Gardens |