£223,169
This estimated value is based upon the latest sale price for the house of £168,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £168,000 | 16 Sep 2016 |
| £130,000 | 2 Oct 2014 |
| £115,000 | 7 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 September 2016 the House Price Index for SOMERSET was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £168,000 results in an estimated price of approximately £223,169.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £168,000 | £55,169 | £223,169 |
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 | 16.479 % | £27,684 | £195,684 |
| 3 Month Average | 29.852 % | £50,152 | £218,152 |
| 6 Month Average | 33.872 % | £56,904 | £224,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £622,135 | £611,250 | 39 THE BUTTS |
| 7 Nov 2023 | £311,613 | £307,000 | 58 WHITEWELL ROAD |
| 1 Sep 2023 | £98,763 | £97,500 | 32 MALTHOUSE COURT |
| 4 Aug 2023 | £428,751 | £425,000 | 82 THE BUTTS |
| 14 Jul 2023 | £309,161 | £305,000 | 56 WHITEWELL ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 1 May 2012. Using an estimated price of £223,170 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on RICHMOND ROAD is 74 sq meters (802 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stourton Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Butts |