£493,904
This estimated value is based upon the latest sale price for the house of £130,000 on 14 Apr 2000. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£130,000 | 14 Apr 2000 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 April 2000 the House Price Index for SOMERSET was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £130,000 results in an estimated price of approximately £493,904.
14 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.6 | 279.926 % | £130,000 | £363,904 | £493,904 |
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 | 239.659 % | £311,557 | £441,557 |
3 Month Average | 301.090 % | £391,417 | £521,417 |
6 Month Average | 373.859 % | £486,016 | £616,016 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £232,030 | £230,000 | 33 BRUNEL WAY |
21 Jun 2023 | £440,334 | £435,000 | 16 ACACIA DRIVE |
7 Jun 2023 | £217,636 | £215,000 | 4 CHARTERHOUSE DRIVE |
31 Mar 2023 | £292,758 | £290,000 | 24 SOMERTON GARDENS |
23 Aug 2022 | £299,195 | £300,000 | 1 BRUNEL WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 10 Jun 2015. Using an estimated price of £493,904 means this house is valued at £4,490 per sq meter (£417 per sq foot).
The average size of a house on CHEDDAR CLOSE is 119 sq meters (1,286 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddar Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerton Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerton Gardens |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Somerton Gardens |
Feb 2024 | Anti-social behaviour | On or near Charterhouse Drive |