£396,688
This estimated value is based upon the latest sale price for the house of £268,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£268,000 | 2 Apr 2015 |
£116,000 | 12 Jul 1999 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 April 2015 the House Price Index for SOMERSET was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £268,000 results in an estimated price of approximately £396,688.
2 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £268,000 | £128,688 | £396,688 |
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 | 86.827 % | £232,696 | £500,696 |
3 Month Average | 78.196 % | £209,566 | £477,566 |
6 Month Average | 41.356 % | £110,833 | £378,833 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £252,767 | £245,000 | 13 KEENS CLOSE |
1 Dec 2023 | £505,534 | £490,000 | 57 GRANGEFIELDS |
5 Sep 2023 | £460,143 | £450,000 | 7 MELLANBY CLOSE |
24 Apr 2023 | £642,008 | £630,000 | 3 WILTON ORCHARD |
16 Jan 2023 | £318,852 | £318,000 | 24 KEENS CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 27 Mar 2014. Using an estimated price of £396,688 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on GRANGEFIELDS is 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Keens Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keens Close |
May 2024 | Anti-social behaviour | On or near Elmhurst Lane | |
May 2024 | Anti-social behaviour | On or near Elmhurst Lane | |
May 2024 | Anti-social behaviour | On or near Elmhurst Lane |