£384,100
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Oct 1996. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £70,000 | 18 Oct 1996 |
| Detached |
| Freehold |
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 October 1996 the House Price Index for SOMERSET was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £70,000 results in an estimated price of approximately £384,100.
| 18 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £70,000 | £314,100 | £384,100 |
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 | 391.546 % | £274,081 | £344,081 |
| 3 Month Average | 422.776 % | £295,943 | £365,943 |
| 6 Month Average | 476.964 % | £333,874 | £403,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £669,593 | £675,000 | 16 SPRING ROAD |
| 10 Jun 2022 | £268,799 | £265,000 | 4 ELLIOTT CLOSE |
| 3 Dec 2021 | £262,487 | £245,000 | 3 LEWIS CRESCENT |
| 23 Nov 2021 | £297,416 | £275,000 | 14 CHAPMANS CLOSE |
| 30 Jul 2021 | £295,936 | £257,500 | 48 LEWIS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Vine Gardens |
| Jan 2024 | Public order | Under investigation | On or near Vine Gardens |
| Mar 2024 | Public order | Under investigation | On or near Elliot Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Mill Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Gasworks |