£413,618
This estimated value is based upon the latest sale price for the house of £350,000 on 27 Oct 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£350,000 | 27 Oct 2020 |
£82,000 | 4 Apr 1997 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 October 2020 the House Price Index for SOMERSET was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £350,000 results in an estimated price of approximately £413,618.
27 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £350,000 | £63,618 | £413,618 |
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 | 15.501 % | £54,254 | £404,254 |
3 Month Average | 3.733 % | £13,064 | £363,064 |
6 Month Average | 5.527 % | £19,343 | £369,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £391,389 | £382,500 | 5 WESTWOOD DRIVE |
13 Oct 2023 | £421,575 | £412,000 | 24 EASTWOOD CLOSE |
8 Mar 2023 | £294,925 | £290,000 | 47 WESTOVER |
31 Aug 2022 | £301,409 | £300,000 | 6 WESTWOOD DRIVE |
29 Jul 2022 | £348,492 | £345,000 | 50 WESTWOOD DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Sep 2020. Using an estimated price of £413,618 means this house is valued at £4,015 per sq meter (£373 per sq foot).
The average size of a house on EASTWOOD CLOSE is 101 sq meters (1,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Close |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eastwood Close |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eastwood Close |
Jun 2024 | Public order | Under investigation | On or near Eastwood Close |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eastwood Close |