£211,111
This estimated value is based upon the latest sale price for the house of £141,000 on 13 Nov 2014. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £141,000 | 13 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 November 2014 the House Price Index for SOMERSET was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £141,000 results in an estimated price of approximately £211,111.
| 13 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £141,000 | £70,111 | £211,111 |
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 | 40.336 % | £56,874 | £197,874 |
| 3 Month Average | 51.971 % | £73,278 | £214,278 |
| 6 Month Average | 59.056 % | £83,269 | £224,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2021 | £297,416 | £275,000 | 14 CHAPMANS CLOSE |
| 17 Nov 2021 | £324,454 | £300,000 | 26 CHAPMANS CLOSE |
| 24 Sep 2021 | £344,830 | £320,000 | 1 PEDLARS GROVE |
| 22 Oct 2020 | £351,925 | £300,000 | 13 CHAPMANS CLOSE |
| 9 Sep 2020 | £308,719 | £260,000 | 29 CHAPMANS CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Sep 2014. Using an estimated price of £211,111 means this house is valued at £3,769 per sq meter (£350 per sq foot).
The average size of a house on CHAPMANS CLOSE is 64 sq meters (693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clumber Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clumber Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lewis Crescent |
| Mar 2024 | Anti-social behaviour | On or near Farmhouse Drive | |
| Mar 2024 | Anti-social behaviour | On or near Farmhouse Drive |