£250,939
This estimated value is based upon the latest sale price for the house of £232,500 on 2 Dec 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£232,500 | 2 Dec 2021 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 686 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 December 2021 the House Price Index for SOMERSET was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £232,500 results in an estimated price of approximately £250,939.
2 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £232,500 | £18,439 | £250,939 |
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 | 2.510 % | £5,836 | £238,336 |
3 Month Average | -3.440 % | £-7,998 | £224,501 |
6 Month Average | -4.591 % | £-10,674 | £221,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Oct 2023 | £255,810 | £250,000 | 40 PARK HILL DRIVE |
1 Aug 2023 | £346,245 | £340,000 | 19 FOXBURY CLOSE |
26 Jun 2023 | £265,317 | £260,000 | 18 HEATH DRIVE |
10 Mar 2023 | £373,742 | £367,500 | 18 LEYS LANE |
31 Jan 2023 | £292,782 | £292,000 | 54 LEWIS CRESCENT |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 5 Mar 2009. Using an estimated price of £250,939 means this house is valued at £3,934 per sq meter (£365 per sq foot).
The average size of a house on HEATH DRIVE is 55 sq meters (599 sq feet).
This house is the largest in the street with a floor area of 63 sq meters (686 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewis Crescent |
May 2024 | Violence and sexual offences | Under investigation | On or near Leys Hill |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Leystone Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Leystone Close |