£286,898
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Oct 2016 |
| £148,500 | 25 Jun 2012 |
| £48,500 | 8 Feb 1995 |
| £48,600 | 30 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 757 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 2016 the House Price Index for SOMERSET was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £215,000 results in an estimated price of approximately £286,898.
| 14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £215,000 | £71,898 | £286,898 |
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 | 28.506 % | £61,286 | £276,286 |
| 3 Month Average | 30.028 % | £64,560 | £279,560 |
| 6 Month Average | 24.060 % | £51,729 | £266,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £317,204 | £310,000 | 32 WREN CLOSE |
| 29 Sep 2023 | £219,846 | £215,000 | 16 WREN CLOSE |
| 25 Aug 2023 | £305,510 | £300,000 | 11 WREN CLOSE |
| 24 Jun 2022 | £214,587 | £210,000 | 33 SWALLOW DRIVE |
| 24 Jun 2022 | £332,099 | £325,000 | 16 JAY CLOSE |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 9 Mar 2012. Using an estimated price of £286,898 means this house is valued at £4,074 per sq meter (£378 per sq foot).
The average size of a house on WREN CLOSE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Awaiting court outcome | 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 Wren Close |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Linnet Way |
| Jul 2024 | Public order | Under investigation | On or near Parking Area |