£481,095
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £390,000 | 3 Dec 2018 |
| £240,000 | 3 Feb 2012 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,040 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in December 2018 the House Price Index for NORTH SOMERSET was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £390,000 results in an estimated price of approximately £481,095.
| 3 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £390,000 | £91,095 | £481,095 |
The Postcode Pricing Model uses changes in average sales price within the BS21 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 | -30.928 % | £-120,619 | £269,380 |
| 3 Month Average | -3.087 % | £-12,039 | £377,960 |
| 6 Month Average | 9.937 % | £38,755 | £428,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £375,000 | £375,000 | 238 OLD CHURCH ROAD |
| 3 Nov 2023 | £401,443 | £395,500 | 4 FAIRLEIGH ROAD |
| 22 Sep 2023 | £456,841 | £451,000 | 24 FAIRLEIGH ROAD |
| 8 Sep 2023 | £602,706 | £595,000 | 179 OLD CHURCH ROAD |
| 4 Aug 2023 | £499,369 | £495,000 | 16 FAIRLEIGH ROAD |
This house has a floor area of 96 sq meters or 1,040 sq feet when measured on 10 Nov 2011. Using an estimated price of £481,096 means this house is valued at £4,978 per sq meter (£462 per sq foot).
There is one other house on the street which we know the size of, this is 4 CHURCH CLOSE it is 106.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near St Andrew'S Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Saltings Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Farleigh Road |