£278,130
This estimated value is based upon the latest sale price for the house of £225,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £225,000 | 3 May 2019 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 May 2019 the House Price Index for SOMERSET was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £225,000 results in an estimated price of approximately £278,130.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £225,000 | £53,130 | £278,130 |
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 | -19.984 % | £-44,963 | £180,036 |
| 3 Month Average | 18.444 % | £41,498 | £266,498 |
| 6 Month Average | 12.115 % | £27,259 | £252,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £322,824 | £320,000 | 6 OVERLEIGH |
| 30 Jun 2023 | £328,985 | £325,000 | 8 OVERLEIGH |
| 24 Feb 2023 | £339,771 | £340,000 | 30 JUBILEE ROAD |
| 16 Jan 2023 | £278,687 | £280,000 | 34 GREEN LANE AVENUE |
| 30 Jun 2022 | £202,867 | £200,000 | 5 GREEN LANE AVENUE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 23 Apr 2019. Using an estimated price of £278,131 means this house is valued at £2,139 per sq meter (£198 per sq foot).
The average size of a house on GREEN LANE is 154 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ivythorn Close |
| Mar 2024 | Public order | Further investigation is not in the public interest | On or near Chichester Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Ivythorn Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Ivythorn Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Ivythorn Road |