£1,177,602
This estimated value is based upon the latest sale price for the house of £707,000 on 7 Jun 2013. 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 |
|---|---|
| £707,000 | 7 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 368 sq meters or 3,961 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 June 2013 the House Price Index for BATH AND NORTH EAST SOMERSET was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £707,000 results in an estimated price of approximately £1,177,602.
| 7 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £707,000 | £470,602 | £1,177,602 |
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 | 84.580 % | £597,981 | £1,304,981 |
| 3 Month Average | 80.896 % | £571,937 | £1,278,937 |
| 6 Month Average | 73.659 % | £520,766 | £1,227,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £287,515 | £285,000 | GROUND FLOOR FLAT 2 94 WELLS ROAD |
| 21 Jun 2023 | £184,232 | £182,000 | FLAT 12 MARR HOUSE THE SQUARE |
| 31 Mar 2023 | £415,918 | £412,000 | 9 THORNBANK PLACE |
| 24 Mar 2023 | £358,376 | £355,000 | FLAT 2 12 LOWER OLDFIELD PARK |
| 21 Oct 2022 | £315,157 | £318,550 | FLAT 4 MARR HOUSE THE SQUARE |
This house has a floor area of 368 sq meters or 3,961 sq feet when measured on 12 Sep 2012. Using an estimated price of £1,177,603 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on WELLS ROAD is 125 sq meters (1,348 sq feet).
This house is the largest in the street with a floor area of 368 sq meters (3,961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Way |
| Feb 2024 | Public order | Under investigation | On or near Crescent View |
| Jan 2024 | Anti-social behaviour | On or near Thornbank Place | |
| Jan 2024 | Anti-social behaviour | On or near Thornbank Place | |
| Jan 2024 | Anti-social behaviour | On or near Thornbank Place |