£611,681
This estimated value is based upon the latest sale price for the house of £458,000 on 22 Jun 2016. 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 |
|---|---|
| £458,000 | 22 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for BATH AND NORTH EAST SOMERSET was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £458,000 results in an estimated price of approximately £611,681.
| 22 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £458,000 | £153,681 | £611,681 |
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 | -1.812 % | £-8,300 | £449,699 |
| 3 Month Average | 17.403 % | £79,707 | £537,707 |
| 6 Month Average | 22.236 % | £101,839 | £559,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £666,016 | £657,500 | 111 BROADMOOR LANE |
| 31 Aug 2023 | £605,295 | £600,000 | 108 BROADMOOR LANE |
| 25 Aug 2023 | £411,096 | £407,500 | 83 LEIGHTON ROAD |
| 5 Aug 2022 | £493,671 | £495,000 | 7 NAPIER ROAD |
| 1 Jul 2022 | £501,350 | £500,000 | 53 NAPIER ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 15 Feb 2016. Using an estimated price of £611,682 means this house is valued at £5,938 per sq meter (£551 per sq foot).
The average size of a house on NAPIER ROAD is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Falconer Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falconer Road |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Falconer Road |
| Dec 2023 | Vehicle crime | Under investigation | On or near Broadmoor Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne'S Lane |