£297,162
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £220,000 | 14 Mar 2016 |
| £86,000 | 22 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 March 2016 the House Price Index for SOMERSET was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £220,000 results in an estimated price of approximately £297,162.
| 14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £220,000 | £77,162 | £297,162 |
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 | 34.192 % | £75,223 | £295,223 |
| 3 Month Average | 50.188 % | £110,413 | £330,413 |
| 6 Month Average | 57.761 % | £127,073 | £347,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £209,759 | £207,500 | 5 ELM LEIGH |
| 26 Jan 2023 | £223,945 | £225,000 | 30 CHESTNUT CLOSE |
| 13 Jan 2023 | £385,683 | £387,500 | 1 ELM LEIGH |
| 22 Mar 2022 | £296,371 | £286,000 | 3 ROSE COTTAGES CLINK ROAD |
| 7 Mar 2022 | £319,169 | £308,000 | 43 ELM LEIGH |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Mar 2015. Using an estimated price of £297,162 means this house is valued at £4,370 per sq meter (£405 per sq foot).
The average size of a house on PENNYS PIECE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Chestnut Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Forest Road |
| Mar 2024 | Other crime | Under investigation | On or near Fermoy |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Cypress Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clink Road |