£458,938
This estimated value is based upon the latest sale price for the house of £353,000 on 6 Feb 2017. 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 |
---|---|
£353,000 | 6 Feb 2017 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 February 2017 the House Price Index for BATH AND NORTH EAST SOMERSET was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £353,000 results in an estimated price of approximately £458,938.
6 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £353,000 | £105,938 | £458,938 |
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 | 79.670 % | £281,234 | £634,234 |
3 Month Average | 37.193 % | £131,291 | £484,291 |
6 Month Average | 33.356 % | £117,747 | £470,747 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £440,634 | £435,000 | 307 BLOOMFIELD ROAD |
17 Nov 2022 | £400,153 | £405,000 | 4 STANWAY CLOSE |
17 Oct 2022 | £371,005 | £375,000 | 12 THE BEECHES |
6 Aug 2021 | £351,419 | £315,000 | 1 STANWAY CLOSE |
11 Dec 2020 | £304,144 | £265,000 | 98 FROME ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 13 Dec 2016. Using an estimated price of £458,939 means this house is valued at £4,097 per sq meter (£380 per sq foot).
The average size of a house on RED LION LANE is 122 sq meters (1,315 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Lodge Gardens |
Jan 2024 | Public order | Under investigation | On or near Lodge Gardens |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Stanway Close |
Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |