£229,168
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Sep 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Wessex Close
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Sep 2004 |
| £97,000 | 2 Sep 2003 |
| £82,950 | 28 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2004 the House Price Index for SOMERSET was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £120,000 results in an estimated price of approximately £229,168.
| 17 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £120,000 | £109,168 | £229,168 |
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 | 27.522 % | £33,026 | £153,026 |
| 3 Month Average | 54.669 % | £65,603 | £185,603 |
| 6 Month Average | 52.021 % | £62,425 | £182,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £147,582 | £145,000 | 1 TOR VIEW COURT SOMERTON ROAD |
| 15 Sep 2023 | £450,763 | £445,000 | 56 STRODE ROAD |
| 8 Sep 2023 | £162,072 | £160,000 | 36 STRODE ROAD |
| 4 Sep 2023 | £145,580 | £143,719 | 3 HIGH STREET |
| 4 Sep 2023 | £131,258 | £129,580 | 1 HIGH STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 21 Jul 2020. Using an estimated price of £229,168 means this house is valued at £4,323 per sq meter (£401 per sq foot).
The average size of a house on STRODE ROAD is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |
| Jan 2024 | Burglary | Under investigation | On or near Wessex Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wessex Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Other theft | Further investigation is not in the public interest | On or near Further/Higher Educational Building |