£544,368
This estimated value is based upon the latest sale price for the house of £320,000 on 11 Oct 2010. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There have been two burglaries within the last year on or near Gainsborough Gardens
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| Price Paid | Date |
|---|---|
| £320,000 | 11 Oct 2010 |
| £283,000 | 30 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 926 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 October 2010 the House Price Index for BATH AND NORTH EAST SOMERSET was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £320,000 results in an estimated price of approximately £544,368.
| 11 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £320,000 | £224,368 | £544,368 |
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 | 48.022 % | £153,670 | £473,670 |
| 3 Month Average | 56.993 % | £182,377 | £502,377 |
| 6 Month Average | 62.637 % | £200,438 | £520,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £587,275 | £577,000 | 7 MONTROSE COTTAGES |
| 4 Aug 2023 | £756,619 | £750,000 | 38 GAINSBOROUGH GARDENS |
| 21 Mar 2023 | £819,723 | £812,000 | 5 MONTROSE COTTAGES |
| 10 Mar 2023 | £556,240 | £551,000 | 34 GAINSBOROUGH GARDENS |
| 23 Jan 2023 | £532,492 | £535,000 | FLAT 3 VALE LODGE WESTON PARK WEST |
This house has a floor area of 86 sq meters or 926 sq feet when measured on 29 Apr 2010. Using an estimated price of £544,368 means this house is valued at £6,322 per sq meter (£587 per sq foot).
The average size of a house on WESTON LANE is 153 sq meters (1,650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Dec 2023 | Anti-social behaviour | On or near Gainsborough Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Gainsborough Gardens |