£1,293,878
This estimated value is based upon the latest sale price for the house of £1,050,000 on 30 Nov 2018. 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 |
|---|---|
| £1,050,000 | 30 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 171 sq meters or 1,840 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 November 2018 the House Price Index for BATH AND NORTH EAST SOMERSET was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,293,878.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £1,050,000 | £243,878 | £1,293,878 |
The Postcode Pricing Model uses changes in average sales price within the BA1 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 | -17.788 % | £-186,772 | £863,227 |
| 3 Month Average | 11.264 % | £118,276 | £1,168,276 |
| 6 Month Average | 13.561 % | £142,387 | £1,192,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £559,795 | £550,000 | 9 LANSDOWN PLACE WEST |
| 21 Nov 2023 | £1,522,541 | £1,500,000 | 5 CAVENDISH CRESCENT |
| 19 Sep 2023 | £891,397 | £880,000 | APARTMENT 17 CAVENDISH LODGE CAVENDISH ROAD |
| 14 Jul 2023 | £643,663 | £635,000 | APARTMENT 8 CAVENDISH LODGE CAVENDISH ROAD |
| 14 Jul 2023 | £516,958 | £510,000 | GARDEN FLAT 11 CAVENDISH CRESCENT |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 24 Feb 2017. Using an estimated price of £1,293,879 means this house is valued at £7,566 per sq meter (£702 per sq foot).
The average size of a house on SOMERSET PLACE is 198 sq meters (2,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Somerset Place |
| Feb 2024 | Burglary | Under investigation | On or near Winifred'S Lane |
| Mar 2024 | Public order | Under investigation | On or near Cavendish Crescent |
| Feb 2024 | Vehicle crime | Under investigation | On or near Cavendish Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Crescent |