£245,227
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£220,000 | 8 Oct 2021 |
£120,000 | 31 Mar 2011 |
£129,000 | 25 Nov 2005 |
£67,000 | 27 Jul 2001 |
£39,950 | 3 Apr 1997 |
£22,500 | 14 Nov 1996 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 October 2021 the House Price Index for SOMERSET was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £220,000 results in an estimated price of approximately £245,227.
8 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £220,000 | £25,227 | £245,227 |
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 | -14.478 % | £-31,850 | £188,149 |
3 Month Average | -8.910 % | £-19,602 | £200,397 |
6 Month Average | -9.178 % | £-20,191 | £199,808 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £266,772 | £260,000 | 85 BROADWAY |
15 Nov 2023 | £403,236 | £393,000 | 55 LYNFIELD ROAD |
6 Oct 2023 | £306,921 | £299,950 | 24 HOUSTON WAY |
22 Sep 2023 | £286,311 | £280,000 | 91 BROADWAY |
8 Sep 2023 | £316,988 | £310,000 | 25 LYNFIELD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Feb 2014. Using an estimated price of £245,227 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on BROADWAY is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Landsdown Mews |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Landsdown Mews |
Jul 2024 | Public order | Under investigation | On or near Broadway |
Jun 2024 | Other theft | Under investigation | On or near Broadway |
Jun 2024 | Burglary | Under investigation | On or near Broadway |