£376,943
This estimated value is based upon the latest sale price for the house of £259,950 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£259,950 | 24 Jul 2015 |
£207,500 | 18 May 2011 |
£145,000 | 4 Apr 2003 |
Detached |
Freehold |
Floor Area: 78 sq meters or 846 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in July 2015 the House Price Index for NORTH SOMERSET was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £259,950 results in an estimated price of approximately £376,943.
24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £259,950 | £116,993 | £376,943 |
The Postcode Pricing Model uses changes in average sales price within the BS21 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 | 40.573 % | £105,469 | £365,419 |
3 Month Average | 59.907 % | £155,729 | £415,679 |
6 Month Average | 54.089 % | £140,603 | £400,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £356,429 | £350,000 | 10 ILMINSTER CLOSE |
24 Apr 2022 | £349,611 | £337,000 | 2 ELGAR CLOSE |
25 Mar 2022 | £341,888 | £327,500 | 20 SOMERTON ROAD |
22 Nov 2021 | £344,288 | £316,000 | 45 ELGAR CLOSE |
4 Aug 2021 | £286,588 | £255,000 | 20 PORLOCK CLOSE |
This house has a floor area of 78 sq meters or 846 sq feet when measured on 21 Jul 2010. Using an estimated price of £376,943 means this house is valued at £4,794 per sq meter (£445 per sq foot).
The average size of a house on SOMERTON ROAD is 96 sq meters (1,043 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Bay Tree Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Elgar Close |
Jul 2024 | Anti-social behaviour | On or near Kenn Moor Drive | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plumers Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sercombe Park |