£524,142
This estimated value is based upon the latest sale price for the house of £341,000 on 24 Jun 2014. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
There has been one burglary within the last year on or near Long Lane
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| Price Paid | Date |
|---|---|
| £341,000 | 24 Jun 2014 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in June 2014 the House Price Index for NORTH SOMERSET was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £341,000 results in an estimated price of approximately £524,142.
| 24 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £341,000 | £183,142 | £524,142 |
The Postcode Pricing Model uses changes in average sales price within the BS40 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 | 53.653 % | £182,956 | £523,956 |
| 3 Month Average | 67.633 % | £230,627 | £571,627 |
| 6 Month Average | 51.380 % | £175,206 | £516,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £455,828 | £450,000 | 5 ORCHARD CLOSE |
| 14 Sep 2023 | £227,914 | £225,000 | 38 SOUTH MEADOWS |
| 1 Sep 2023 | £327,183 | £323,000 | 12 RICKYARD ROAD |
| 22 Aug 2023 | £343,001 | £340,000 | SHEILWATER, 27 RICKYARD ROAD |
| 25 Apr 2023 | £424,571 | £420,000 | 2 SOUTH MEADOWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Long Lane |
| Mar 2024 | Burglary | Under investigation | On or near School Road |
| Jan 2024 | Other theft | Under investigation | On or near Bell Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lawrence Road |
| Mar 2024 | Burglary | Under investigation | On or near Lawrence Road |