£217,822
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There has been one burglary within the last year on or near East Close
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2015 the House Price Index for BATH AND NORTH EAST SOMERSET was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £150,000 results in an estimated price of approximately £217,822.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £150,000 | £67,822 | £217,822 |
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 | 75.985 % | £113,976 | £263,976 |
| 3 Month Average | 66.306 % | £99,459 | £249,459 |
| 6 Month Average | 60.349 % | £90,522 | £240,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £340,034 | £335,000 | 127 THE HOLLOW |
| 13 Jul 2023 | £395,321 | £390,000 | 19 EAST CLOSE |
| 2 Jun 2023 | £323,924 | £320,000 | 57 ST MICHAELS ROAD |
| 28 Apr 2023 | £353,810 | £350,000 | 15 EAST WAY |
| 22 Mar 2023 | £388,662 | £385,000 | 33 ST MICHAELS ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 25 Apr 2015. Using an estimated price of £217,822 means this house is valued at £3,960 per sq meter (£367 per sq foot).
The average size of a house on EAST CLOSE is 83 sq meters (893 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near East Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near East Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near East Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near East Way |