£2,440,941
This estimated value is based upon the latest sale price for the house of £2,387,133 on 11 Sep 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Pursey Avenue
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Price Paid | Date |
---|---|
£2,387,133 | 11 Sep 2023 |
£250,000 | 22 Feb 2002 |
Freehold |
Floor Area: 147 sq meters or 1,582 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 2023 the House Price Index for SOMERSET was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £2,387,133 results in an estimated price of approximately £2,440,941.
11 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £2,387,133 | £53,808 | £2,440,941 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 122.911 % | £2,934,047 | £5,321,180 |
3 Month Average | 18.579 % | £443,514 | £2,830,647 |
6 Month Average | -9.076 % | £-216,649 | £2,170,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £186,621 | £185,000 | 49 BLAGROVE CLOSE |
15 Dec 2023 | £206,340 | £200,000 | 5 BLAGROVE CLOSE |
16 Nov 2023 | £210,339 | £205,000 | 11 GOULD CLOSE |
11 Sep 2023 | £2,440,941 | £2,387,133 | EAST MEAD COTTAGE EAST MEAD LANE |
4 Apr 2023 | £132,427 | £129,950 | 171 STRODE ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 12 Jun 2018. Using an estimated price of £2,440,941 means this house is valued at £16,605 per sq meter (£1,542 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Under investigation | On or near Pursey Avenue |
Apr 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Hawkins Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hawkins Close |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Blagrove Close |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Blagrove Close |