£448,365
This estimated value is based upon the latest sale price for the house of £290,000 on 1 May 2014. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
There has been one burglary within the last year on or near Guinea Lane
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| Price Paid | Date |
|---|---|
| £290,000 | 1 May 2014 |
| £232,000 | 29 Oct 2003 |
| £196,000 | 31 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2014 the House Price Index for BATH AND NORTH EAST SOMERSET was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £290,000 results in an estimated price of approximately £448,365.
| 1 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £290,000 | £158,365 | £448,365 |
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 | 25.286 % | £73,328 | £363,328 |
| 3 Month Average | 50.791 % | £147,293 | £437,293 |
| 6 Month Average | 63.765 % | £184,919 | £474,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £392,000 | £392,000 | 14 GUINEA LANE |
| 15 Dec 2023 | £356,233 | £350,000 | FLAT 11 THE OLD WALCOT SCHOOL GUINEA LANE |
| 4 Dec 2023 | £559,795 | £550,000 | SUB BASEMENT 17 PARAGON |
| 15 Nov 2023 | £329,884 | £325,000 | FLAT 3 3 BELVEDERE VILLAS |
| 13 Nov 2023 | £223,306 | £220,000 | THIRD FLOOR FLAT 19 VINEYARDS |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 24 Sep 2012. Using an estimated price of £448,366 means this house is valued at £10,427 per sq meter (£968 per sq foot).
The average size of a house on GUINEA LANE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Guinea Lane |
| Mar 2024 | Burglary | Under investigation | On or near Guinea Lane |
| Feb 2024 | Anti-social behaviour | On or near Guinea Lane | |
| Feb 2024 | Anti-social behaviour | On or near Guinea Lane | |
| Jan 2024 | Other theft | Under investigation | On or near Guinea Lane |