£293,643
This estimated value is based upon the latest sale price for the house of £227,500 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£227,500 | 30 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 sq feet |
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 June 2017 the House Price Index for SOMERSET was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £227,500 results in an estimated price of approximately £293,643.
30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £227,500 | £66,143 | £293,643 |
The Postcode Pricing Model uses changes in average sales price within the BA11 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 | 51.295 % | £116,695 | £344,195 |
3 Month Average | 34.096 % | £77,569 | £305,069 |
6 Month Average | 23.052 % | £52,443 | £279,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £456,464 | £452,500 | 75 OAKFIELD ROAD |
3 Nov 2023 | £479,676 | £467,500 | 106 OAKFIELD ROAD |
5 Oct 2023 | £457,388 | £447,000 | 100 OAKFIELD ROAD |
8 Sep 2023 | £462,700 | £452,500 | 5 FLINTS CLOSE |
27 Jan 2023 | £330,884 | £330,000 | 5 BARN CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Feb 2017. Using an estimated price of £293,643 means this house is valued at £3,581 per sq meter (£332 per sq foot).
The average size of a house on ORCHARD CLOSE is 88 sq meters (952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Lynwood Close | |
Apr 2024 | Anti-social behaviour | On or near Lynwood Close | |
Apr 2024 | Other theft | Under investigation | On or near Lynwood Close |
Apr 2024 | Anti-social behaviour | On or near Lynwood Close | |
Apr 2024 | Anti-social behaviour | On or near Lynwood Close |