£581,680
This estimated value is based upon the latest sale price for the house of £450,000 on 18 Apr 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £450,000 | 18 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 April 2017 the House Price Index for SOMERSET was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £450,000 results in an estimated price of approximately £581,680.
| 18 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £450,000 | £131,680 | £581,680 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 81.705 % | £367,674 | £817,674 |
| 3 Month Average | 42.099 % | £189,445 | £639,445 |
| 6 Month Average | 29.236 % | £131,561 | £581,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £159,394 | £158,000 | 33 LARKHILL ROAD |
| 5 Aug 2022 | £229,333 | £229,950 | 9 FERNDALE GARDENS |
| 22 Jul 2022 | £368,993 | £368,000 | 23 HOME DRIVE |
| 7 Jul 2022 | £306,826 | £306,000 | 169 PRESTON GROVE |
| 3 May 2022 | £509,602 | £500,000 | 8 HOME DRIVE |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 29 Jun 2015. Using an estimated price of £581,681 means this house is valued at £2,393 per sq meter (£222 per sq foot).
The average size of a house on LARKHILL ROAD is 91 sq meters (981 sq feet).
This house is the largest in the street with a floor area of 243 sq meters (2,615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Gardens |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Ferndale Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Gardens |
| Feb 2024 | Anti-social behaviour | On or near Ferndale Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Ferndale Gardens |