£278,950
This estimated value is based upon the latest sale price for the house of £205,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £205,000 | 31 Mar 2016 |
| £173,000 | 23 Mar 2007 |
| £152,000 | 25 Jun 2004 |
| £77,000 | 11 Jul 2000 |
| Semi-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 March 2016 the House Price Index for NORTH SOMERSET was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £205,000 results in an estimated price of approximately £278,950.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £205,000 | £73,950 | £278,950 |
The Postcode Pricing Model uses changes in average sales price within the BS24 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 | 49.959 % | £102,415 | £307,415 |
| 3 Month Average | 44.427 % | £91,074 | £296,074 |
| 6 Month Average | 42.613 % | £87,357 | £292,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £275,000 | £275,000 | 15 MENDIP RISE |
| 3 May 2024 | £325,000 | £325,000 | 7 LIME CLOSE |
| 16 Apr 2024 | £376,268 | £373,000 | 17 OLD BANWELL ROAD |
| 27 Mar 2024 | £294,525 | £290,000 | 11 MENDIP RISE |
| 6 Dec 2023 | £237,291 | £230,000 | 24 MENDIP RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Meadow Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairacre Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairacre Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Fairacre Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairacre Close |