£354,350
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Oct 2015 |
| £125,000 | 18 Dec 2003 |
| £105,000 | 28 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2015 the House Price Index for SOMERSET was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £250,000 results in an estimated price of approximately £354,350.
| 23 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £250,000 | £104,350 | £354,350 |
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 | 37.003 % | £92,508 | £342,508 |
| 3 Month Average | 40.196 % | £100,489 | £350,489 |
| 6 Month Average | 43.620 % | £109,049 | £359,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £396,085 | £390,000 | 18 PACKSADDLE WAY |
| 9 Oct 2023 | £332,553 | £325,000 | 17 PEDLARS GROVE |
| 23 Nov 2021 | £299,618 | £275,000 | 14 CHAPMANS CLOSE |
| 17 Nov 2021 | £326,856 | £300,000 | 26 CHAPMANS CLOSE |
| 24 Sep 2021 | £347,382 | £320,000 | 1 PEDLARS GROVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 21 Jul 2015. Using an estimated price of £354,351 means this house is valued at £4,073 per sq meter (£378 per sq foot).
The average size of a house on CHAPMANS CLOSE is 64 sq meters (693 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewis Crescent |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Drive |
| Jul 2024 | Anti-social behaviour | On or near Farmhouse Drive | |
| Jul 2024 | Anti-social behaviour | On or near Farmhouse Drive | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmhouse Drive |