£232,404
This estimated value is based upon the latest sale price for the house of £190,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£190,000 | 7 May 2020 |
£139,950 | 12 Feb 2010 |
£85,000 | 4 Jan 2002 |
£76,950 | 22 Dec 2000 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in May 2020 the House Price Index for NORTH SOMERSET was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £190,000 results in an estimated price of approximately £232,404.
7 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £190,000 | £42,404 | £232,404 |
The Postcode Pricing Model uses changes in average sales price within the BS22 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 | 0.946 % | £1,798 | £191,798 |
3 Month Average | 18.611 % | £35,361 | £225,361 |
6 Month Average | 21.266 % | £40,405 | £230,405 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £234,096 | £230,000 | 11 HEDGE CLOSE |
24 Jul 2023 | £242,261 | £239,000 | 3 MORGAN CLOSE |
10 Mar 2023 | £297,806 | £295,000 | 3 HEDGE CLOSE |
15 Feb 2023 | £219,852 | £220,000 | 14 YEW TREE DRIVE |
22 Jul 2022 | £220,594 | £220,000 | 16 YEW TREE DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 5 Mar 2020. Using an estimated price of £232,404 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on HEDGE CLOSE is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Hedge Close | |
Feb 2024 | Anti-social behaviour | On or near Hedge Close | |
Mar 2024 | Vehicle crime | Under investigation | On or near Somerset Avenue |
Feb 2024 | Burglary | Under investigation | On or near Harvest Lane |
Feb 2024 | Anti-social behaviour | On or near Rowan Place |