£341,888
This estimated value is based upon the latest sale price for the house of £327,500 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£327,500 | 25 Mar 2022 |
£200,000 | 20 May 2011 |
£185,500 | 4 Apr 2003 |
£75,000 | 5 May 1995 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2022 the House Price Index for NORTH SOMERSET was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £327,500 results in an estimated price of approximately £341,888.
25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £327,500 | £14,388 | £341,888 |
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 | 55.164 % | £180,661 | £508,161 |
3 Month Average | 18.769 % | £61,469 | £388,969 |
6 Month Average | -1.243 % | £-4,072 | £323,427 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £330,145 | £320,000 | 21 BAY TREE ROAD |
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 |
11 Jan 2022 | £386,972 | £365,000 | 18 BAY TREE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Sep 2021. Using an estimated price of £341,888 means this house is valued at £4,070 per sq meter (£378 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 | Anti-social behaviour | On or near Kenn Moor Drive | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Paddock |
Jul 2024 | Vehicle crime | Under investigation | On or near Elgar Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Chaffins |