£647,379
This estimated value is based upon the latest sale price for the house of £128,500 on 6 Aug 1997. 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 |
|---|---|
| £128,500 | 6 Aug 1997 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 136 sq meters or 1,469 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 August 1997 the House Price Index for BATH AND NORTH EAST SOMERSET was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £128,500 results in an estimated price of approximately £647,379.
| 6 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £128,500 | £518,879 | £647,379 |
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 | 348.033 % | £447,222 | £575,722 |
| 3 Month Average | 459.611 % | £590,599 | £719,099 |
| 6 Month Average | 461.217 % | £592,663 | £721,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £656,486 | £645,000 | 5 FRANKLEY BUILDINGS |
| 21 Sep 2023 | £643,224 | £635,000 | 3 CHILTON ROAD |
| 17 Aug 2023 | £443,883 | £440,000 | 10 HANOVER TERRACE |
| 2 Aug 2023 | £541,739 | £537,000 | 8 GILLINGHAM TERRACE |
| 21 Apr 2023 | £429,626 | £425,000 | 2 HANOVER TERRACE |
This house has a floor area of 136 sq meters or 1,469 sq feet when measured on 19 Aug 2010. Using an estimated price of £647,379 means this house is valued at £4,742 per sq meter (£440 per sq foot).
The average size of a house on FRANKLEY BUILDINGS is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Gillingham Terrace | |
| Dec 2023 | Anti-social behaviour | On or near Gillingham Terrace | |
| Dec 2023 | Anti-social behaviour | On or near Gillingham Terrace | |
| Dec 2023 | Anti-social behaviour | On or near Gillingham Terrace | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Queenwood Avenue |