2, THE CREST, BRISTOL, BS4 3JB - £262,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE CREST is a very small terraced house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £305,468. It was last sold for £262,000 in June 2021, which was around 21% below the average June 2021 terraced price in the City of Bristol local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE CREST Sold Prices

Land registry data shows four sales for 2 THE CREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Bristol local authority area for the corresponding sale date. All of the four 2 THE CREST sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 14 JUN	£262,000	£330,443	21% below HPI
2006 20 JUL	£132,500	£169,411	22% below HPI
2002 29 AUG	£98,500	£111,910	12% below HPI
2001 18 MAY	£64,500	£85,474	25% below HPI

2 THE CREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Bristol local authority area over time, sourced from the HPI. The four 2 THE CREST sales between May 2001 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 THE CREST be worth now?

2 THE CREST might now be worth an estimated £305,468.

This is based on house price inflation of 16.6%, between June 2021 and May 2026, for terraced houses, in the City of Bristol local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 2 THE CREST of £262,000 on 14th June 2021. For the value to have increased from £262,000 to £305,468 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 2 THE CREST has moved in line with the HPI for terraced houses in the City of Bristol local authority area.
• The June 2021 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CREST has not materially changed since June 2021.

How Large is 2 THE CREST?

2 THE CREST is 52m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of terraced houses in Bristol, based on EPC data. The below chart shows the distribution of terraced houses by size in Bristol, and where 2 THE CREST lies on this distribution: 1% of terraced houses are smaller than 2 THE CREST, and 98% of terraced houses are larger. Note that EPC data is not available for all properties in Bristol.

Where is 2 THE CREST?

2 THE CREST is located in BRISTOL, in the BS4 postcode district.