£500,840
This estimated value is based upon the latest sale price for the house of £432,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£432,000 | 13 Nov 2020 |
£355,000 | 13 Dec 2012 |
£260,000 | 7 Nov 2003 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 November 2020 the House Price Index for SOMERSET was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £432,000 results in an estimated price of approximately £500,840.
13 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £432,000 | £68,840 | £500,840 |
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 | -20.279 % | £-87,607 | £344,392 |
3 Month Average | 5.158 % | £22,281 | £454,281 |
6 Month Average | 2.128 % | £9,194 | £441,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £1,276,319 | £1,260,000 | 2 WRAXHILL CLOSE |
15 Sep 2023 | £552,059 | £545,000 | BEECH WOOD HOUSE WRAXHILL ROAD |
25 Nov 2022 | £716,323 | £725,000 | 5 WRAXHILL ROAD |
4 Nov 2022 | £326,051 | £330,000 | 14 CLEMENCE ROAD |
9 Sep 2022 | £322,397 | £325,000 | 10 CLEMENCE ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 14 Jul 2020. Using an estimated price of £500,841 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on PORTWAY is 148 sq meters (1,599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Seymour Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Tannery Close |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tannery Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Tannery Close |
Apr 2024 | Anti-social behaviour | On or near Wraxhill Road |