£394,001
This estimated value is based upon the latest sale price for the house of £384,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £384,000 | 10 Nov 2023 |
| £330,000 | 20 Aug 2020 |
| £330,000 | 20 Aug 2020 |
| £309,950 | 25 Jan 2019 |
| £44,250 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 November 2023 the House Price Index for SOMERSET was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £384,000 results in an estimated price of approximately £394,001.
| 10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £384,000 | £10,001 | £394,001 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 43.039 % | £165,267 | £549,267 |
| 3 Month Average | 22.323 % | £85,719 | £469,719 |
| 6 Month Average | -2.574 % | £-9,883 | £374,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £261,010 | £257,000 | 45 MERRIMAN ROAD |
| 14 Dec 2023 | £90,274 | £87,500 | FLAT 2 12 ORIEL ROAD |
| 10 Nov 2023 | £394,001 | £384,000 | 14 SILVER ROAD |
| 7 Sep 2022 | £297,301 | £297,500 | 43 MERRIMAN ROAD |
| 30 Aug 2022 | £612,866 | £610,000 | 4 MERRIMAN ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 22 Jun 2018. Using an estimated price of £394,001 means this house is valued at £2,984 per sq meter (£277 per sq foot).
The average size of a house on SILVER ROAD is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Merriman Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Merriman Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Merriman Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Merriman Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Oriel Road |