£405,324
This estimated value is based upon the latest sale price for the house of £375,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £375,000 | 30 Jun 2021 |
| £249,950 | 31 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2021 the House Price Index for SOMERSET was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £375,000 results in an estimated price of approximately £405,324.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £375,000 | £30,324 | £405,324 |
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 | 10.289 % | £38,583 | £413,583 |
| 3 Month Average | -13.443 % | £-50,410 | £324,589 |
| 6 Month Average | -12.916 % | £-48,434 | £326,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £238,667 | £235,000 | 3 SINGERS COURT |
| 9 Sep 2022 | £674,549 | £675,000 | 16 SPRING ROAD |
| 15 Jul 2022 | £298,996 | £296,000 | 12 MILL CLOSE |
| 10 Jun 2022 | £270,788 | £265,000 | 4 ELLIOTT CLOSE |
| 23 Nov 2021 | £299,618 | £275,000 | 14 CHAPMANS CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Oct 2013. Using an estimated price of £405,325 means this house is valued at £4,605 per sq meter (£427 per sq foot).
The average size of a house on VINE GARDENS is 126 sq meters (1,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Mill Close |
| Jul 2024 | Anti-social behaviour | On or near Mill Close | |
| Jul 2024 | Anti-social behaviour | On or near Mill Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Close |