£385,017
This estimated value is based upon the latest sale price for the house of £333,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£333,000 | 16 Dec 2020 |
£287,500 | 23 Aug 2017 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 December 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £333,000 results in an estimated price of approximately £385,017.
16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £333,000 | £52,017 | £385,017 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 9.911 % | £33,002 | £366,002 |
3 Month Average | 29.052 % | £96,744 | £429,744 |
6 Month Average | 6.898 % | £22,971 | £355,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £371,704 | £365,000 | 7 FORTH CLOSE |
23 Nov 2022 | £338,418 | £340,000 | 112 FOWEN CLOSE |
18 Oct 2022 | £364,782 | £366,000 | 29 BROOKFIELD WAY |
2 Sep 2022 | £359,760 | £360,000 | 1 PLOUGH CLOSE |
29 Apr 2022 | £414,969 | £400,000 | 1 HARVESTERS DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Aug 2020. Using an estimated price of £385,018 means this house is valued at £3,702 per sq meter (£343 per sq foot).
The average size of a house on BROOKFIELD WAY is 110 sq meters (1,191 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Meadow Close | |
Jun 2024 | Anti-social behaviour | On or near Meadow Close | |
May 2024 | Public order | Under investigation | On or near Fowen Close |
Apr 2024 | Public order | Under investigation | On or near Fowen Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fowen Close |