£272,386
This estimated value is based upon the latest sale price for the house of £222,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£222,000 | 6 Sep 2019 |
£170,000 | 5 Jan 2015 |
£157,500 | 14 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,080 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 September 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £222,000 results in an estimated price of approximately £272,386.
6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £222,000 | £50,386 | £272,386 |
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 | -20.220 % | £-44,887 | £177,112 |
3 Month Average | 10.283 % | £22,828 | £244,828 |
6 Month Average | 24.004 % | £53,288 | £275,288 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £209,759 | £207,500 | 5 ELM LEIGH |
26 Jan 2023 | £223,945 | £225,000 | 30 CHESTNUT CLOSE |
13 Jan 2023 | £385,683 | £387,500 | 1 ELM LEIGH |
18 Nov 2022 | £281,589 | £285,000 | 28 SYCAMORE DRIVE |
7 Mar 2022 | £319,169 | £308,000 | 43 ELM LEIGH |
This house has a floor area of 100 sq meters or 1,080 sq feet when measured on 10 Apr 2010. Using an estimated price of £272,386 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on CHESTNUT CLOSE is 86 sq meters (930 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Chestnut Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Cypress Way |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Forest Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerton Gardens |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Somerton Gardens |