£306,672
This estimated value is based upon the latest sale price for the house of £192,000 on 31 Jan 2014. 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 |
|---|---|
| £192,000 | 31 Jan 2014 |
| £163,000 | 24 Nov 2006 |
| £150,000 | 31 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 894 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 January 2014 the House Price Index for BATH AND NORTH EAST SOMERSET was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £192,000 results in an estimated price of approximately £306,672.
| 31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £192,000 | £114,672 | £306,672 |
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 | 78.481 % | £150,683 | £342,683 |
| 3 Month Average | 78.549 % | £150,813 | £342,813 |
| 6 Month Average | 60.521 % | £116,199 | £308,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £319,080 | £315,000 | 23 SPRUCE WAY |
| 1 Sep 2023 | £273,497 | £270,000 | 10 WILLOW CLOSE |
| 20 Jul 2023 | £228,070 | £225,000 | 23 WILLOW CLOSE |
| 31 Mar 2023 | £489,613 | £485,000 | 39 CRANMORE PLACE |
| 6 Jan 2023 | £333,429 | £335,000 | 2 LYMPSHAM GREEN |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 18 Mar 2012. Using an estimated price of £306,673 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on CRANMORE PLACE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Formal action is not in the public interest | On or near Cranmore Place |
| Mar 2024 | Anti-social behaviour | On or near Willow Close | |
| Feb 2024 | Anti-social behaviour | On or near Willow Close | |
| Feb 2024 | Anti-social behaviour | On or near Willow Close | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Willow Close |