£292,293
This estimated value is based upon the latest sale price for the house of £74,500 on 18 Feb 2000. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£74,500 | 18 Feb 2000 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 860 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 February 2000 the House Price Index for SOMERSET was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £74,500 results in an estimated price of approximately £292,293.
18 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 148.6 | 292.341 % | £74,500 | £217,793 | £292,293 |
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 | 245.056 % | £182,566 | £257,066 |
3 Month Average | 317.504 % | £236,540 | £311,040 |
6 Month Average | 355.927 % | £265,165 | £339,665 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £203,005 | £200,000 | 24 NEW BUILDINGS |
7 Aug 2023 | £453,971 | £450,000 | 21 LONG GROUND |
1 Aug 2022 | £309,168 | £310,000 | 39 FOSTER ROAD |
20 Jul 2022 | £305,823 | £305,000 | 43 FOSTER ROAD |
1 Jul 2022 | £378,018 | £377,000 | 13 NEW BUILDINGS |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 24 Oct 2008. Using an estimated price of £292,294 means this house is valued at £3,656 per sq meter (£339 per sq foot).
The average size of a house on NEW BUILDINGS is 96 sq meters (1,038 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Long Ground | |
Mar 2024 | Anti-social behaviour | On or near Long Ground | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Ground |
Mar 2024 | Anti-social behaviour | On or near New Buildings Lane | |
Mar 2024 | Anti-social behaviour | On or near New Buildings Lane |