£295,078
This estimated value is based upon the latest sale price for the house of £205,000 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£205,000 | 3 Jul 2015 |
£73,500 | 20 Jul 1999 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 July 2015 the House Price Index for NORTH SOMERSET was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £205,000 results in an estimated price of approximately £295,078.
3 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £205,000 | £90,078 | £295,078 |
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 | -16.143 % | £-33,092 | £171,907 |
3 Month Average | 33.083 % | £67,820 | £272,820 |
6 Month Average | 57.602 % | £118,083 | £323,083 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £191,333 | £191,333 | 43 ELGAR CLOSE |
7 Dec 2023 | £325,699 | £320,000 | 21 BAY TREE ROAD |
8 Aug 2023 | £353,089 | £350,000 | 10 ILMINSTER CLOSE |
24 Apr 2022 | £347,042 | £337,000 | 2 ELGAR CLOSE |
25 Mar 2022 | £339,376 | £327,500 | 20 SOMERTON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Jan 2015. Using an estimated price of £295,078 means this house is valued at £5,176 per sq meter (£480 per sq foot).
The average size of a house on SOMERTON ROAD is 96 sq meters (1,043 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Tree Road |
Mar 2024 | Other theft | Under investigation | On or near Yeoward Road |
Feb 2024 | Vehicle crime | Under investigation | On or near The Paddock |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sercombe Park |
Mar 2024 | Robbery | Under investigation | On or near Sercombe Park |