£790,257
This estimated value is based upon the latest sale price for the house of £635,000 on 17 Jan 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £635,000 | 17 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 January 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £635,000 results in an estimated price of approximately £790,257.
| 17 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £635,000 | £155,257 | £790,257 |
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 | 34.920 % | £221,744 | £856,744 |
| 3 Month Average | 18.320 % | £116,330 | £751,330 |
| 6 Month Average | 2.532 % | £16,076 | £651,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £218,355 | £215,000 | 50 LARCHFIELD CLOSE |
| 17 Nov 2023 | £251,381 | £245,000 | 28 LARCHFIELD CLOSE |
| 10 Nov 2023 | £220,600 | £215,000 | 46 LARCHFIELD CLOSE |
| 13 Oct 2023 | £248,136 | £242,500 | 17 LARCHFIELD CLOSE |
| 29 Sep 2023 | £224,959 | £220,000 | 52 LARCHFIELD CLOSE |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 20 Jul 2017. Using an estimated price of £790,257 means this house is valued at £4,567 per sq meter (£424 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Larchfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Larchfield Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Laburnum Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Briar Close |