£301,032
This estimated value is based upon the latest sale price for the house of £295,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£295,000 | 2 Jun 2023 |
£200,000 | 15 May 2020 |
£79,500 | 29 May 1998 |
Detached |
Freehold |
Floor Area: 56 sq meters or 602 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 June 2023 the House Price Index for SOMERSET was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £295,000 results in an estimated price of approximately £301,032.
2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £295,000 | £6,032 | £301,032 |
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 | 89.549 % | £264,169 | £559,169 |
3 Month Average | 6.351 % | £18,734 | £313,734 |
6 Month Average | 9.061 % | £26,729 | £321,729 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £184,183 | £180,000 | 33 RALEIGH ROAD |
10 Aug 2023 | £402,255 | £395,000 | 7 SANDLEWOOD CLOSE |
3 Aug 2023 | £297,363 | £292,000 | 22 REDWOOD ROAD |
2 Jun 2023 | £301,033 | £295,000 | 11 SANDLEWOOD CLOSE |
20 Jan 2023 | £133,607 | £133,250 | 23 CUNNINGHAM ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Feb 2020. Using an estimated price of £301,033 means this house is valued at £5,375 per sq meter (£499 per sq foot).
The average size of a house on SANDLEWOOD CLOSE is 79 sq meters (850 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Cunningham Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Cunningham Road |
Jun 2024 | Anti-social behaviour | On or near Scott Road | |
Jun 2024 | Anti-social behaviour | On or near Scott Road | |
Jun 2024 | Anti-social behaviour | On or near Scott Road |