£483,067
This estimated value is based upon the latest sale price for the house of £475,000 on 30 Mar 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£475,000 | 30 Mar 2023 |
£355,000 | 30 Apr 2019 |
Semi-Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 March 2023 the House Price Index for SOMERSET was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £475,000 results in an estimated price of approximately £483,067.
30 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £475,000 | £8,067 | £483,067 |
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 | 10.247 % | £48,674 | £523,674 |
3 Month Average | 22.766 % | £108,139 | £583,139 |
6 Month Average | -4.244 % | £-20,160 | £454,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £114,603 | £112,000 | 17 TOR VIEW COURT SOMERTON ROAD |
15 Sep 2023 | £455,031 | £445,000 | 56 STRODE ROAD |
8 Sep 2023 | £163,607 | £160,000 | 36 STRODE ROAD |
30 Mar 2023 | £483,067 | £475,000 | 49 SOMERTON ROAD |
9 Feb 2023 | £135,908 | £135,000 | 22 TOR VIEW COURT SOMERTON ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 22 Oct 2018. Using an estimated price of £483,067 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on SOMERTON ROAD is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Wessex Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Further/Higher Educational Building |
May 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
May 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |