£512,365
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Nov 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There have been two burglaries within the last year on or near Wells Road
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 29 Nov 2001 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SOMERSET to estimate the market value.
When this house was purchased in November 2001 the House Price Index for SOMERSET was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £160,000 results in an estimated price of approximately £512,365.
| 29 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £160,000 | £352,365 | £512,365 |
The Postcode Pricing Model uses changes in average sales price within the BA5 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 | 138.044 % | £220,870 | £380,870 |
| 3 Month Average | 223.771 % | £358,033 | £518,033 |
| 6 Month Average | 180.702 % | £289,122 | £449,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £480,108 | £473,000 | LILLIPUT OLD BRISTOL ROAD |
| 30 Aug 2023 | £340,983 | £338,000 | 26 MILTON LANE |
| 16 Jan 2023 | £796,249 | £800,000 | BELMOUNT |
| 22 Nov 2022 | £69,162 | £70,000 | PENN VIEW WELLS ROAD |
| 8 Jun 2022 | £278,942 | £275,000 | MILTON COTTAGE MILTON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Wells Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Wells Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Wells Road |
| Mar 2024 | Public order | Under investigation | On or near Priddy Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Priddy Road |