£410,092
This estimated value is based upon the latest sale price for the house of £248,000 on 7 Aug 2013. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £248,000 | 7 Aug 2013 |
| £95,500 | 15 Jun 1998 |
| £86,500 | 28 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2013 the House Price Index for NORTH SOMERSET was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £248,000 results in an estimated price of approximately £410,092.
| 7 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £248,000 | £162,092 | £410,092 |
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 | 10.800 % | £26,783 | £274,783 |
| 3 Month Average | 49.606 % | £123,022 | £371,022 |
| 6 Month Average | 71.318 % | £176,868 | £424,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £222,698 | £220,000 | 1A PEDDER ROAD |
| 16 Sep 2022 | £223,198 | £225,000 | 81 CANNONS GATE |
| 12 Aug 2022 | £428,846 | £430,000 | 4 RIVER MEAD |
| 26 Jul 2022 | £330,891 | £330,000 | 114 CANNONS GATE |
| 8 Apr 2022 | £504,602 | £490,000 | 15 WESTFIELD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Mar 2013. Using an estimated price of £410,093 means this house is valued at £5,062 per sq meter (£470 per sq foot).
The average size of a house on RIVER MEAD is 116 sq meters (1,249 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near River Mead |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedder Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedder Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedder Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedder Road |