£348,272
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Green Lane
More crime details
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Price Paid | Date |
---|---|
£275,000 | 15 Dec 2017 |
£132,000 | 10 Dec 2013 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 2017 the House Price Index for SOMERSET was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £275,000 results in an estimated price of approximately £348,272.
15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £275,000 | £73,272 | £348,272 |
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 | 43.421 % | £119,407 | £394,407 |
3 Month Average | 14.003 % | £38,508 | £313,508 |
6 Month Average | 10.302 % | £28,331 | £303,331 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £680,913 | £675,000 | 58 SOMERSET ROAD |
3 Nov 2023 | £282,162 | £275,000 | 3 ALBION PLACE |
23 Aug 2023 | £422,622 | £415,000 | 15 GREEN LANE |
9 Jun 2023 | £265,317 | £260,000 | 98 WESTFIELD ROAD |
1 Jun 2023 | £244,908 | £240,000 | 52 WESTFIELD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Aug 2017. Using an estimated price of £348,273 means this house is valued at £4,582 per sq meter (£425 per sq foot).
The average size of a house on GREEN LANE is 97 sq meters (1,048 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Green Lane | |
May 2024 | Anti-social behaviour | On or near Green Lane | |
May 2024 | Anti-social behaviour | On or near Green Lane | |
May 2024 | Public order | Unable to prosecute suspect | On or near Green Lane |
Apr 2024 | Burglary | Unable to prosecute suspect | On or near Green Lane |