£547,334
This estimated value is based upon the latest sale price for the house of £440,000 on 21 Jun 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £440,000 | 21 Jun 2018 |
| £139,950 | 25 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 June 2018 the House Price Index for SOMERSET was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £440,000 results in an estimated price of approximately £547,334.
| 21 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £440,000 | £107,334 | £547,334 |
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 | -10.920 % | £-48,048 | £391,951 |
| 3 Month Average | 17.708 % | £77,914 | £517,914 |
| 6 Month Average | 22.897 % | £100,748 | £540,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2022 | £540,645 | £525,000 | 14 COLLETT WAY |
| 29 Oct 2021 | £497,915 | £450,000 | 4 WELLOW DRIVE |
| 29 Oct 2021 | £414,929 | £375,000 | 37 WELLOW DRIVE |
| 3 Sep 2021 | £498,387 | £462,500 | 8 BRUNEL WAY |
| 18 Sep 2020 | £522,448 | £440,000 | 9 WELLOW DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 30 Aug 2015. Using an estimated price of £547,335 means this house is valued at £4,523 per sq meter (£420 per sq foot).
There is one other house on the street which we know the size of, this is 7 SHOSCOMBE GARDENS it is 114.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddar Close |
| Feb 2024 | Anti-social behaviour | On or near Charterhouse Drive | |
| Feb 2024 | Anti-social behaviour | On or near Charterhouse Drive | |
| Feb 2024 | Anti-social behaviour | On or near Charterhouse Drive | |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Wainwright Drive |