£234,864
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Aug 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £85,000 | 5 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 August 2002 the House Price Index for SOMERSET was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £85,000 results in an estimated price of approximately £234,864.
| 5 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £85,000 | £149,864 | £234,864 |
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 | 213.322 % | £181,324 | £266,324 |
| 3 Month Average | 189.304 % | £160,908 | £245,908 |
| 6 Month Average | 189.066 % | £160,705 | £245,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £417,815 | £410,000 | 45 PEDLARS GROVE |
| 31 Mar 2023 | £274,586 | £270,000 | 2 WEYLANDS |
| 15 Jul 2022 | £298,996 | £296,000 | 12 MILL CLOSE |
| 18 Feb 2022 | £295,808 | £280,000 | 8 MILL CLOSE |
| 2 Nov 2021 | £234,247 | £215,000 | 14 OVER INNOX |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Feb 2017. Using an estimated price of £234,864 means this house is valued at £2,236 per sq meter (£207 per sq foot).
The average size of a house on MILL CLOSE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Mill Close |
| Jul 2024 | Anti-social behaviour | On or near Mill Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Close |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Mill Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Close |