£313,776
This estimated value is based upon the latest sale price for the house of £185,000 on 21 Jun 2012. 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 |
|---|---|
| £185,000 | 21 Jun 2012 |
| £196,000 | 2 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2012 the House Price Index for BATH AND NORTH EAST SOMERSET was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £185,000 results in an estimated price of approximately £313,776.
| 21 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £185,000 | £128,776 | £313,776 |
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 | 17.469 % | £32,318 | £217,318 |
| 3 Month Average | 54.281 % | £100,419 | £285,419 |
| 6 Month Average | 69.790 % | £129,112 | £314,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £270,000 | £270,000 | 29 COXLEY DRIVE |
| 24 Jul 2023 | £263,547 | £260,000 | 1 SCHOOL COURT SPRING LANE |
| 30 Mar 2023 | £553,212 | £548,000 | 11 BAY TREE ROAD |
| 31 Jan 2023 | £634,511 | £637,500 | 22 CHARLCOMBE LANE |
| 23 Aug 2022 | £1,495,973 | £1,500,000 | THE GRANGE CHARLCOMBE LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 5 Feb 2020. Using an estimated price of £313,777 means this house is valued at £4,980 per sq meter (£462 per sq foot).
The average size of a house on SPRING LANE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Spring Lane |
| Mar 2024 | Public order | Under investigation | On or near Coxley Drive |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Coxley Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Coxley Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coxley Drive |