£409,080
This estimated value is based upon the latest sale price for the house of £325,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
There has been one burglary within the last year on or near Hope Cottages
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| Price Paid | Date |
|---|---|
| £325,000 | 23 Feb 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 February 2018 the House Price Index for NORTH SOMERSET was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £325,000 results in an estimated price of approximately £409,080.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £325,000 | £84,080 | £409,080 |
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 | 24.725 % | £80,357 | £405,357 |
| 3 Month Average | 21.190 % | £68,866 | £393,866 |
| 6 Month Average | 12.155 % | £39,502 | £364,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £764,295 | £750,000 | ORCHARD COTTAGE MIDDLE LANE |
| 31 Jan 2023 | £496,326 | £495,000 | 2 CHERRY TREE FARM HAM LANE |
| 23 Nov 2022 | £706,695 | £710,000 | ASHLEY ACRE BACK LANE |
| 18 May 2022 | £760,308 | £740,500 | 2 HOPE COTTAGES HAM LANE |
| 8 Apr 2022 | £422,231 | £407,000 | SWEETWORTHY COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Hope Cottages |
| May 2024 | Public order | Unable to prosecute suspect | On or near Hope Cottages |
| Apr 2024 | Public order | Under investigation | On or near Hope Cottages |
| May 2024 | Public order | Under investigation | On or near Lampley Road |
| Jun 2024 | Robbery | Under investigation | On or near Broadstone Lane |