£504,993
This estimated value is based upon the latest sale price for the house of £440,000 on 11 Dec 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 |
|---|---|
| £440,000 | 11 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2020 the House Price Index for BATH AND NORTH EAST SOMERSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £440,000 results in an estimated price of approximately £504,993.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £440,000 | £64,993 | £504,993 |
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 | 18.876 % | £83,054 | £523,054 |
| 3 Month Average | 8.287 % | £36,460 | £476,460 |
| 6 Month Average | 5.158 % | £22,694 | £462,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £636,130 | £625,000 | ROSEMOUNT COTTAGE LYNCOMBE VALE ROAD |
| 16 Nov 2023 | £340,034 | £335,000 | FLAT E LYNCOMBE HALL LYNCOMBE VALE ROAD |
| 15 Sep 2023 | £1,392,808 | £1,375,000 | LYNMOUNT LYNCOMBE VALE ROAD |
| 5 Apr 2023 | £2,537,320 | £2,510,000 | 15 SUNNYBANK |
| 20 Jan 2023 | £995,311 | £1,000,000 | HIGH BEECH LYNCOMBE VALE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Jun 2020. Using an estimated price of £504,994 means this house is valued at £5,049 per sq meter (£469 per sq foot).
The average size of a house on SOUTHVILLE TERRACE is 151 sq meters (1,633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rosemount Lane |
| Mar 2024 | Public order | Under investigation | On or near Rosemount Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rosemount Lane |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lyncombe Vale Road |
| Mar 2024 | Anti-social behaviour | On or near Perrymead |