£387,657
This estimated value is based upon the latest sale price for the house of £242,500 on 16 Apr 2008. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£242,500 | 16 Apr 2008 |
Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 April 2008 the House Price Index for NORTH SOMERSET was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £242,500 results in an estimated price of approximately £387,657.
16 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £242,500 | £145,157 | £387,657 |
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 | 62.851 % | £152,412 | £394,912 |
3 Month Average | 71.293 % | £172,886 | £415,386 |
6 Month Average | 61.273 % | £148,587 | £391,087 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £343,274 | £338,000 | 43 CANNONS GATE |
11 Mar 2024 | £218,355 | £215,000 | 27 CANNONS GATE |
19 Oct 2023 | £501,388 | £490,000 | 9 RIVER MEAD |
6 Oct 2023 | £194,416 | £190,000 | 34 CANNONS GATE |
21 Jun 2023 | £224,499 | £220,000 | 1A PEDDER ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Oct 2014. Using an estimated price of £387,658 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on RIVER MEAD is 116 sq meters (1,249 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near River Mead |
Jul 2024 | Violence and sexual offences | Under investigation | On or near River Mead |
Jul 2024 | Violence and sexual offences | Under investigation | On or near River Mead |
Jul 2024 | Violence and sexual offences | Under investigation | On or near River Mead |
Apr 2024 | Other crime | Under investigation | On or near River Mead |