£219,610
This estimated value is based upon the latest sale price for the house of £118,000 on 18 Apr 2005. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £118,000 | 18 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2005 the House Price Index for SOMERSET was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £118,000 results in an estimated price of approximately £219,610.
| 18 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £118,000 | £101,610 | £219,610 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 66.396 % | £78,347 | £196,347 |
| 3 Month Average | 77.746 % | £91,740 | £209,740 |
| 6 Month Average | 57.338 % | £67,658 | £185,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £110,000 | £110,000 | 123 MARL CLOSE |
| 11 Sep 2023 | £197,526 | £195,000 | 108 STIBY ROAD |
| 18 Aug 2023 | £119,041 | £118,000 | 164 STIBY ROAD |
| 28 Jul 2022 | £220,594 | £220,000 | 34 ELIOTTS DRIVE |
| 6 May 2022 | £249,705 | £245,000 | 17 ELIOTTS DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 May 2013. Using an estimated price of £219,610 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on MARL CLOSE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Barnet Close | |
| Mar 2024 | Public order | Under investigation | On or near Springfield Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Barnet Close |
| Feb 2024 | Public order | Under investigation | On or near Barnet Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Barnet Close |