£324,365
This estimated value is based upon the latest sale price for the house of £320,000 on 14 Jul 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £320,000 | 14 Jul 2023 |
| £150,000 | 20 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,057 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 July 2023 the House Price Index for SOMERSET was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £320,000 results in an estimated price of approximately £324,365.
| 14 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £320,000 | £4,365 | £324,365 |
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 | -23.758 % | £-76,025 | £243,974 |
| 3 Month Average | -2.015 % | £-6,448 | £313,551 |
| 6 Month Average | 2.629 % | £8,412 | £328,412 |
| 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 |
| 28 Apr 2023 | £298,211 | £295,000 | 49 NIGHTINGALE AVENUE |
| 24 Jun 2022 | £329,659 | £325,000 | 16 JAY CLOSE |
This house has a floor area of 98 sq meters or 1,057 sq feet when measured on 2 Mar 2009. Using an estimated price of £324,366 means this house is valued at £3,300 per sq meter (£306 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 | Under investigation | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |