£307,871
This estimated value is based upon the latest sale price for the house of £180,000 on 31 Oct 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £180,000 | 31 Oct 2012 |
| £119,100 | 10 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2012 the House Price Index for SOMERSET was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £180,000 results in an estimated price of approximately £307,871.
| 31 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £180,000 | £127,871 | £307,871 |
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 | 94.226 % | £169,607 | £349,607 |
| 3 Month Average | 90.081 % | £162,145 | £342,145 |
| 6 Month Average | 81.533 % | £146,759 | £326,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £396,085 | £390,000 | 18 PACKSADDLE WAY |
| 31 Jan 2023 | £292,782 | £292,000 | 54 LEWIS CRESCENT |
| 10 Jun 2022 | £270,788 | £265,000 | 4 ELLIOTT CLOSE |
| 3 Dec 2021 | £264,430 | £245,000 | 3 LEWIS CRESCENT |
| 23 Nov 2021 | £299,618 | £275,000 | 14 CHAPMANS CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 7 Jul 2012. Using an estimated price of £307,871 means this house is valued at £2,904 per sq meter (£269 per sq foot).
The average size of a house on PARK HILL DRIVE is 94 sq meters (1,013 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 |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elliot Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elliot Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elliot Close |