£342,924
This estimated value is based upon the latest sale price for the house of £270,000 on 10 Aug 2017. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £270,000 | 10 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 sq feet |
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 August 2017 the House Price Index for NORTH SOMERSET was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £270,000 results in an estimated price of approximately £342,924.
| 10 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £270,000 | £72,924 | £342,924 |
The Postcode Pricing Model uses changes in average sales price within the BS21 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 | -41.336 % | £-111,606 | £158,393 |
| 3 Month Average | 7.999 % | £21,596 | £291,596 |
| 6 Month Average | 17.201 % | £46,441 | £316,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £312,736 | £310,000 | 48 COPSE ROAD |
| 8 Aug 2023 | £383,354 | £380,000 | 38 HILL ROAD |
| 4 Aug 2023 | £317,427 | £314,650 | FLAT 3 8 LEAGROVE ROAD |
| 29 Jul 2022 | £912,456 | £910,000 | 3 MARINE PLACE |
| 22 Apr 2022 | £264,658 | £257,000 | BASEMENT FLAT 7 LEAGROVE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Mar 2017. Using an estimated price of £342,924 means this house is valued at £5,621 per sq meter (£522 per sq foot).
The average size of a house on MARINE HILL is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friary Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leagrove Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marine Parade |
| Jan 2024 | Other theft | Under investigation | On or near Castle View Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Alexandra Road |