£331,110
This estimated value is based upon the latest sale price for the house of £271,500 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £271,500 | 25 Jan 2019 |
| £160,000 | 22 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 January 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £271,500 results in an estimated price of approximately £331,110.
| 25 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £271,500 | £59,610 | £331,110 |
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 | -1.579 % | £-4,286 | £267,213 |
| 3 Month Average | 9.112 % | £24,738 | £296,238 |
| 6 Month Average | 14.002 % | £38,015 | £309,515 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Feb 2018.
The average size of a house on FARMHOUSE DRIVE is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Farmhouse Drive | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmhouse Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Innox Hill |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Innox Hill |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innox Hill |