£413,176
This estimated value is based upon the latest sale price for the house of £360,000 on 11 Dec 2020. 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 Newington Close
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| Price Paid | Date |
|---|---|
| £360,000 | 11 Dec 2020 |
| £210,000 | 30 Jun 2008 |
| £175,000 | 22 Sep 2006 |
| £29,500 | 13 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 December 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £360,000 results in an estimated price of approximately £413,176.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £360,000 | £53,176 | £413,176 |
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 | -15.269 % | £-54,968 | £305,031 |
| 3 Month Average | -5.109 % | £-18,393 | £341,606 |
| 6 Month Average | 4.801 % | £17,281 | £377,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £303,885 | £300,000 | 5 NEWINGTON TERRACE |
| 15 Aug 2023 | £471,122 | £467,000 | 4 KEYFORD TERRACE |
| 11 Aug 2023 | £302,648 | £300,000 | 73 KEYFORD |
| 20 Jan 2023 | £447,890 | £450,000 | 10 REDLAND TERRACE |
| 20 Sep 2022 | £280,733 | £283,000 | 14 NEWINGTON CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 11 Sep 2020. Using an estimated price of £413,177 means this house is valued at £4,090 per sq meter (£380 per sq foot).
The average size of a house on REDLAND TERRACE is 117 sq meters (1,262 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Newington Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newington Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newington Close |
| Jan 2024 | Burglary | Under investigation | On or near Newington Close |
| Jan 2024 | Other crime | Under investigation | On or near Newington Close |