£254,563
This estimated value is based upon the latest sale price for the house of £48,000 on 3 Feb 1997. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£48,000 | 3 Feb 1997 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 February 1997 the House Price Index for SOMERSET was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £48,000 results in an estimated price of approximately £254,563.
3 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 149.7 | 430.342 % | £48,000 | £206,563 | £254,563 |
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 | 485.203 % | £232,897 | £280,897 |
3 Month Average | 495.607 % | £237,891 | £285,891 |
6 Month Average | 458.412 % | £220,037 | £268,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £266,179 | £258,000 | 9 SYCAMORE DRIVE |
6 Oct 2023 | £301,856 | £295,000 | 18 SYCAMORE DRIVE |
24 Aug 2023 | £224,041 | £220,000 | 9 SOMERTON GARDENS |
19 Apr 2023 | £283,299 | £278,000 | 26 WEDMORE CLOSE |
31 Mar 2023 | £294,925 | £290,000 | 24 SOMERTON GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Nov 2013. Using an estimated price of £254,564 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on WEDMORE CLOSE is 59 sq meters (644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Holly Court |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Charterhouse Drive |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cypress Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Chestnut Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wellow Drive |