£314,980
This estimated value is based upon the latest sale price for the house of £68,000 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£68,000 | 11 Dec 1998 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 December 1998 the House Price Index for SOMERSET was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £68,000 results in an estimated price of approximately £314,980.
11 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 149.7 | 363.206 % | £68,000 | £246,980 | £314,980 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 334.861 % | £227,705 | £295,705 |
3 Month Average | 410.640 % | £279,234 | £347,234 |
6 Month Average | 317.462 % | £215,873 | £283,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £135,579 | £132,500 | FLAT 3 7 ORCHARD ROAD |
3 Aug 2023 | £269,867 | £265,000 | 18 SOUTHLEAZE ORCHARD |
24 Mar 2023 | £346,791 | £341,000 | 26 CRANHILL ROAD |
10 Mar 2023 | £186,108 | £183,000 | 19 CRANHILL ROAD |
20 Jul 2022 | £343,441 | £340,000 | 70 ORCHARD ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 3 Mar 2020. Using an estimated price of £314,980 means this house is valued at £2,669 per sq meter (£247 per sq foot).
The average size of a house on ORCHARD ROAD is 90 sq meters (978 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
May 2024 | Bicycle theft | Further investigation is not in the public interest | On or near Southleaze Orchard |