£217,448
This estimated value is based upon the latest sale price for the house of £155,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£155,000 | 6 Nov 2015 |
£35,950 | 14 May 1998 |
£38,000 | 25 Jan 1996 |
£39,500 | 17 Nov 1995 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 November 2015 the House Price Index for SOMERSET was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £155,000 results in an estimated price of approximately £217,448.
6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £155,000 | £62,448 | £217,448 |
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 | 49.736 % | £77,091 | £232,091 |
3 Month Average | 40.902 % | £63,397 | £218,397 |
6 Month Average | 39.788 % | £61,670 | £216,670 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £218,355 | £215,000 | 50 LARCHFIELD CLOSE |
17 Nov 2023 | £251,381 | £245,000 | 28 LARCHFIELD CLOSE |
10 Nov 2023 | £220,600 | £215,000 | 46 LARCHFIELD CLOSE |
13 Oct 2023 | £248,136 | £242,500 | 17 LARCHFIELD CLOSE |
29 Sep 2023 | £224,959 | £220,000 | 52 LARCHFIELD CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 8 Jun 2015. Using an estimated price of £217,448 means this house is valued at £4,437 per sq meter (£412 per sq foot).
The average size of a house on LARCHFIELD CLOSE is 58 sq meters (628 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Larchfield Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Larchfield Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Laburnum Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Briar Close |