£375,416
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Feb 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £275,000 | 4 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 February 2016 the House Price Index for SOMERSET was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £275,000 results in an estimated price of approximately £375,416.
| 4 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £275,000 | £100,416 | £375,416 |
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 | 18.996 % | £52,239 | £327,239 |
| 3 Month Average | 52.398 % | £144,095 | £419,095 |
| 6 Month Average | 64.071 % | £176,194 | £451,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £410,000 | £410,000 | 6 FAIRFIELD CLOSE |
| 19 Dec 2023 | £468,192 | £460,000 | 7 MEADOW ROAD |
| 12 Dec 2023 | £666,664 | £655,000 | 5 TANKEYS CLOSE |
| 22 Sep 2023 | £324,145 | £320,000 | 71 MENDIP DRIVE |
| 24 Mar 2023 | £479,518 | £475,000 | 15 GRANGE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 23 Apr 2015. Using an estimated price of £375,417 means this house is valued at £6,472 per sq meter (£601 per sq foot).
The average size of a house on MEADOW ROAD is 89 sq meters (960 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clumber Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clumber Drive |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Clumber Drive |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Clumber Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Clumber Drive |