£534,766
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Jul 2014. This value is then adjusted by the current Official House Price Index for CITY OF BRISTOL 1
There have been two burglaries within the last year on or near Redland Hill
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| Price Paid | Date |
|---|---|
| £350,000 | 8 Jul 2014 |
| £312,000 | 28 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 943 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF BRISTOL to estimate the market value.
When this house was purchased in July 2014 the House Price Index for CITY OF BRISTOL was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £350,000 results in an estimated price of approximately £534,766.
| 8 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £350,000 | £184,766 | £534,766 |
The Postcode Pricing Model uses changes in average sales price within the BS6 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 | 89.543 % | £313,401 | £663,401 |
| 3 Month Average | 45.353 % | £158,733 | £508,733 |
| 6 Month Average | 59.407 % | £207,924 | £557,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £625,897 | £620,000 | 8 EVANS ROAD |
| 2 Feb 2023 | £367,253 | £367,500 | FLAT 1 51 ELM LANE |
| 21 Dec 2020 | £550,902 | £480,000 | FLAT 4 16 ELMGROVE ROAD |
| 13 Nov 2020 | £753,580 | £650,000 | 10 SOUTH TERRACE |
| 23 Oct 2020 | £774,235 | £660,000 | 4 SOUTH TERRACE |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 23 May 2011. Using an estimated price of £534,767 means this house is valued at £6,099 per sq meter (£566 per sq foot).
The average size of a house on ELM LANE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Redland Hill |
| Feb 2024 | Burglary | Under investigation | On or near Redland Hill |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Shrubbery |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Evans Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lower Redland Road |