£393,864
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Mar 2008. 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 |
|---|---|
| £250,000 | 12 Mar 2008 |
| £124,000 | 21 May 1997 |
| Semi-Detached |
| Leasehold |
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 March 2008 the House Price Index for BATH AND NORTH EAST SOMERSET was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £250,000 results in an estimated price of approximately £393,864.
| 12 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £250,000 | £143,864 | £393,864 |
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 | 36.825 % | £92,063 | £342,063 |
| 3 Month Average | 68.321 % | £170,802 | £420,802 |
| 6 Month Average | 69.074 % | £172,685 | £422,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £587,275 | £577,000 | 7 MONTROSE COTTAGES |
| 22 Sep 2023 | £698,937 | £690,000 | 45 CEDRIC ROAD |
| 8 Sep 2023 | £911,656 | £900,000 | 60 CEDRIC ROAD |
| 21 Mar 2023 | £819,723 | £812,000 | 5 MONTROSE COTTAGES |
| 23 Nov 2022 | £3,952 | £4,000 | 2 GAINSBOROUGH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Weston Lane |
| Jan 2024 | Other theft | Under investigation | On or near Weston Lane |
| Jan 2024 | Burglary | Under investigation | On or near Gainsborough Gardens |
| Jan 2024 | Burglary | Under investigation | On or near Gainsborough Gardens |
| Dec 2023 | Anti-social behaviour | On or near Gainsborough Gardens |