£529,823
This estimated value is based upon the latest sale price for the house of £457,500 on 6 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £457,500 | 6 Oct 2020 |
| £249,950 | 28 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2020 the House Price Index for NORTH SOMERSET was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £457,500 results in an estimated price of approximately £529,823.
| 6 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £457,500 | £72,323 | £529,823 |
The Postcode Pricing Model uses changes in average sales price within the BS25 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 | 22.953 % | £105,009 | £562,509 |
| 3 Month Average | -3.536 % | £-16,177 | £441,322 |
| 6 Month Average | 9.188 % | £42,036 | £499,536 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 3 Jul 2020.
The average size of a house on OBSERVATORY FIELD is 179 sq meters (1,929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bristol Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bristol Road |
| Feb 2024 | Anti-social behaviour | On or near Belmont Road | |
| Feb 2024 | Anti-social behaviour | On or near Belmont Road | |
| Jan 2024 | Burglary | Under investigation | On or near Sidcot Drive |