£1,085,280
This estimated value is based upon the latest sale price for the house of £975,000 on 29 Mar 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £975,000 | 29 Mar 2021 |
| £590,000 | 23 May 2014 |
| £590,000 | 23 May 2014 |
| £233,000 | 11 Dec 1997 |
| £161,000 | 30 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 330 sq meters or 3,552 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 March 2021 the House Price Index for SOMERSET was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £975,000 results in an estimated price of approximately £1,085,280.
| 29 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £975,000 | £110,280 | £1,085,280 |
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 | -71.800 % | £-700,048 | £274,951 |
| 3 Month Average | -6.803 % | £-66,328 | £908,671 |
| 6 Month Average | 1.486 % | £14,489 | £989,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £405,457 | £400,000 | 17 BRIDGE STREET |
| 3 Feb 2023 | £199,866 | £200,000 | APARTMENT 2 GLOUCESTER HOUSE NORTH PARADE |
| 28 Oct 2022 | £148,402 | £150,000 | APARTMENT 2 13 NORTH PARADE |
| 9 Sep 2022 | £669,593 | £675,000 | 16 SPRING ROAD |
| 10 Jun 2022 | £268,799 | £265,000 | 4 ELLIOTT CLOSE |
This house has a floor area of 330 sq meters or 3,552 sq feet when measured on 18 Mar 2014. Using an estimated price of £1,085,281 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on WELSHMILL ROAD is 190 sq meters (2,049 sq feet).
This house is the largest in the street with a floor area of 330 sq meters (3,552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wickham Rise |
| Mar 2024 | Anti-social behaviour | On or near Wickham Rise | |
| Mar 2024 | Anti-social behaviour | On or near Wickham Rise | |
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Theatre/Concert Hall |
| Mar 2024 | Other theft | Under investigation | On or near Theatre/Concert Hall |