£275,889
This estimated value is based upon the latest sale price for the house of £177,000 on 31 Jan 2008. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £177,000 | 31 Jan 2008 |
| £149,500 | 9 Nov 2005 |
| £132,500 | 28 Jan 2003 |
| £82,000 | 5 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 2008 the House Price Index for SOMERSET was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £177,000 results in an estimated price of approximately £275,889.
| 31 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £177,000 | £98,889 | £275,889 |
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 | 70.215 % | £124,279 | £301,279 |
| 3 Month Average | 71.319 % | £126,235 | £303,235 |
| 6 Month Average | 78.718 % | £139,330 | £316,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £217,785 | £215,000 | 16 WREN CLOSE |
| 25 Aug 2023 | £302,648 | £300,000 | 11 WREN CLOSE |
| 14 Jul 2023 | £324,366 | £320,000 | 4 WREN CLOSE |
| 24 Jun 2022 | £329,659 | £325,000 | 16 JAY CLOSE |
| 24 Jun 2022 | £213,010 | £210,000 | 33 SWALLOW DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Apr 2015. Using an estimated price of £275,889 means this house is valued at £3,831 per sq meter (£355 per sq foot).
The average size of a house on WREN CLOSE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Wren Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wren Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Forest Road |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |