£699,100
This estimated value is based upon the latest sale price for the house of £535,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £535,000 | 27 Jan 2017 |
| £318,000 | 19 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 2017 the House Price Index for SOMERSET was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £535,000 results in an estimated price of approximately £699,100.
| 27 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £535,000 | £164,100 | £699,100 |
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 | -8.410 % | £-44,992 | £490,007 |
| 3 Month Average | 18.627 % | £99,655 | £634,655 |
| 6 Month Average | 29.397 % | £157,272 | £692,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £332,912 | £330,000 | 15 CHARLES ROAD |
| 28 Apr 2023 | £808,708 | £800,000 | 47 LOCKS HILL |
| 20 Feb 2023 | £246,540 | £246,706 | 27 KNIGHTSTONE HEIGHTS |
| 30 Jan 2023 | £333,429 | £335,000 | 23 SUMMER HILL |
| 6 Sep 2022 | £479,131 | £483,000 | 12 SUMMER HILL |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 28 Jul 2016. Using an estimated price of £699,100 means this house is valued at £4,186 per sq meter (£388 per sq foot).
The average size of a house on LOCKS HILL is 130 sq meters (1,402 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knightstone Heights |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Knightstone Heights |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lock'S Hill |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lock'S Hill |
| Mar 2024 | Public order | Under investigation | On or near New Buildings Lane |