£1,055,216
This estimated value is based upon the latest sale price for the house of £850,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £850,000 | 19 Oct 2018 |
| 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 October 2018 the House Price Index for NORTH SOMERSET was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £850,000 results in an estimated price of approximately £1,055,216.
| 19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £850,000 | £205,216 | £1,055,216 |
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 | 19.871 % | £168,904 | £1,018,904 |
| 3 Month Average | 16.431 % | £139,664 | £989,664 |
| 6 Month Average | 36.324 % | £308,754 | £1,158,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £348,022 | £345,000 | 4 THE OAKS |
| 12 Dec 2023 | £345,620 | £335,000 | 19 PARSONAGE LANE |
| 25 Aug 2023 | £397,163 | £390,000 | 3 LYE MEAD |
| 24 Apr 2023 | £152,859 | £150,000 | 12 LONG CROSS |
| 20 Mar 2023 | £559,341 | £550,000 | THE CROWN INN CROWN HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Awaiting court outcome | On or near Redding Pit Lane |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near Redding Pit Lane |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Redding Pit Lane |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Redding Pit Lane |
| May 2024 | Anti-social behaviour | On or near Redding Pit Lane |