£518,463
This estimated value is based upon the latest sale price for the house of £400,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £400,000 | 31 Mar 2017 |
| £293,000 | 28 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in March 2017 the House Price Index for NORTH SOMERSET was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £400,000 results in an estimated price of approximately £518,463.
| 31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £400,000 | £118,463 | £518,463 |
The Postcode Pricing Model uses changes in average sales price within the BS21 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 | -18.458 % | £-73,833 | £326,166 |
| 3 Month Average | 11.622 % | £46,487 | £446,487 |
| 6 Month Average | 26.072 % | £104,289 | £504,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £472,694 | £466,650 | 15 CHIPPING CROSS |
| 24 Aug 2023 | £504,413 | £500,000 | RIVERVIEW, 5A PATCH CROFT |
| 10 Jul 2023 | £250,877 | £247,500 | 59 CHIPPING CROSS |
| 28 Jul 2022 | £245,661 | £245,000 | 83 CHIPPING CROSS |
| 14 Apr 2022 | £352,191 | £342,000 | 4 PATCH CROFT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 7 Jul 2016. Using an estimated price of £518,464 means this house is valued at £4,356 per sq meter (£404 per sq foot).
The average size of a house on CHIPPING CROSS is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chipping Cross |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chipping Cross |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chipping Cross |
| Mar 2024 | Vehicle crime | Under investigation | On or near Byfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cavell Court |