£265,554
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Oct 2021 |
| £460,000 | 17 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2021 the House Price Index for NORTH SOMERSET was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £240,000 results in an estimated price of approximately £265,554.
| 1 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £240,000 | £25,554 | £265,554 |
The Postcode Pricing Model uses changes in average sales price within the BS29 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 | -20.803 % | £-49,927 | £190,072 |
| 3 Month Average | 16.284 % | £39,082 | £279,082 |
| 6 Month Average | 10.260 % | £24,623 | £264,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £582,447 | £575,000 | 77 CRANWELL ROAD |
| 11 Aug 2023 | £582,597 | £577,500 | 6 ORMROD GROVE |
| 6 Jul 2023 | £355,789 | £351,000 | 73 CRANWELL ROAD |
| 21 Apr 2023 | £545,878 | £540,000 | EL GEDIDA WOLVERSHILL ROAD |
| 8 Feb 2023 | £342,769 | £343,000 | 17 TRENCHARD ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Jun 2021. Using an estimated price of £265,555 means this house is valued at £3,404 per sq meter (£316 per sq foot).
The average size of a house on SUMMER LANE is 209 sq meters (2,256 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Wolvershill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkes Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hannah Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mottershead Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scarf Drive |