£606,502
This estimated value is based upon the latest sale price for the house of £475,000 on 7 Sep 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£475,000 | 7 Sep 2017 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 September 2017 the House Price Index for SOMERSET was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £475,000 results in an estimated price of approximately £606,502.
7 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £475,000 | £131,502 | £606,502 |
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 | 36.268 % | £172,274 | £647,274 |
3 Month Average | 16.852 % | £80,046 | £555,046 |
6 Month Average | 16.102 % | £76,486 | £551,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £346,245 | £340,000 | 19 FOXBURY CLOSE |
31 Jan 2023 | £292,782 | £292,000 | 54 LEWIS CRESCENT |
9 Sep 2022 | £674,549 | £675,000 | 16 SPRING ROAD |
10 Jun 2022 | £270,788 | £265,000 | 4 ELLIOTT CLOSE |
3 Dec 2021 | £264,430 | £245,000 | 3 LEWIS CRESCENT |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 6 Jun 2017. Using an estimated price of £606,503 means this house is valued at £4,332 per sq meter (£402 per sq foot).
The average size of a house on WICKHAM RISE is 168 sq meters (1,811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wickham Rise |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Elliot Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elliot Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Elliot Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elliot Close |