£296,602
This estimated value is based upon the latest sale price for the house of £240,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£240,000 | 6 Dec 2019 |
£169,950 | 29 Aug 2012 |
£49,000 | 14 Dec 1998 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 December 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £240,000 results in an estimated price of approximately £296,602.
6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £240,000 | £56,602 | £296,602 |
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 | -5.618 % | £-13,484 | £226,515 |
3 Month Average | 14.987 % | £35,969 | £275,969 |
6 Month Average | 9.398 % | £22,555 | £262,555 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £317,204 | £310,000 | 32 WREN CLOSE |
6 Oct 2023 | £301,856 | £295,000 | 18 SYCAMORE DRIVE |
29 Sep 2023 | £219,846 | £215,000 | 16 WREN CLOSE |
25 Aug 2023 | £305,510 | £300,000 | 11 WREN CLOSE |
24 Jun 2022 | £332,099 | £325,000 | 16 JAY CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 May 2012. Using an estimated price of £296,603 means this house is valued at £5,203 per sq meter (£483 per sq foot).
The average size of a house on FOREST ROAD is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Awaiting court outcome | On or near Wren Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Wren Close |
Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Wren Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Chestnut Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Holly Court |