£878,465
This estimated value is based upon the latest sale price for the house of £475,000 on 29 May 2009. 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 |
|---|---|
| £475,000 | 29 May 2009 |
| Detached |
| Leasehold |
| Floor Area: 147 sq meters or 1,582 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 May 2009 the House Price Index for BATH AND NORTH EAST SOMERSET was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £475,000 results in an estimated price of approximately £878,465.
| 29 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £475,000 | £403,465 | £878,465 |
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 | 121.199 % | £575,697 | £1,050,697 |
| 3 Month Average | 120.693 % | £573,291 | £1,048,291 |
| 6 Month Average | 106.556 % | £506,141 | £981,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £1,342,161 | £1,325,000 | THE LITTLE COTTAGE, 14 SHAM CASTLE LANE |
| 5 Sep 2023 | £1,253,528 | £1,237,500 | OWLETTS SHAM CASTLE LANE |
| 5 Sep 2023 | £2,152,522 | £2,125,000 | CASTLE VIEW SHAM CASTLE LANE |
| 17 Aug 2023 | £812,105 | £805,000 | 17 ST ANNS WAY |
| 8 Jun 2023 | £397,819 | £393,000 | FLAT 8 KILDARE SYDNEY ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 6 Mar 2009. Using an estimated price of £878,466 means this house is valued at £5,975 per sq meter (£555 per sq foot).
The average size of a house on SHAM CASTLE LANE is 218 sq meters (2,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Vellore Lane | |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Vellore Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Road |
| Dec 2023 | Vehicle crime | Under investigation | On or near Sham Castle Lane |
| Jan 2024 | Other theft | Under investigation | On or near Sydney Wharf |