£539,099
This estimated value is based upon the latest sale price for the house of £465,000 on 16 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £465,000 | 16 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 November 2020 the House Price Index for NORTH SOMERSET was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £465,000 results in an estimated price of approximately £539,099.
| 16 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £465,000 | £74,099 | £539,099 |
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 | -34.206 % | £-159,057 | £305,942 |
| 3 Month Average | -5.483 % | £-25,497 | £439,502 |
| 6 Month Average | 12.842 % | £59,715 | £524,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £577,500 | £577,500 | 3 FEARNVILLE ESTATE |
| 7 Sep 2023 | £658,419 | £650,000 | 18 WEST WAY |
| 18 Aug 2023 | £317,780 | £315,000 | 82 OLD CHURCH ROAD |
| 1 Jun 2023 | £551,683 | £545,000 | 28 WEST WAY |
| 30 Nov 2022 | £543,418 | £550,000 | 6 WEST WAY |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 30 Jun 2020. Using an estimated price of £539,099 means this house is valued at £4,418 per sq meter (£410 per sq foot).
The average size of a house on WEST WAY is 165 sq meters (1,786 sq feet).
This house is the smallest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fearnville Estate |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fearnville Estate |
| Feb 2024 | Other theft | Further investigation is not in the public interest | On or near Jesmond Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Beach Avenue |