£533,731
This estimated value is based upon the latest sale price for the house of £525,000 on 12 Apr 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £525,000 | 12 Apr 2022 |
| £380,000 | 8 May 2017 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2022 the House Price Index for SOMERSET was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £525,000 results in an estimated price of approximately £533,731.
| 12 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £525,000 | £8,731 | £533,731 |
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 | -32.769 % | £-172,038 | £352,961 |
| 3 Month Average | -4.913 % | £-25,795 | £499,204 |
| 6 Month Average | 6.481 % | £34,027 | £559,027 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 29 Jul 2016.
The average size of a house on COLLETT WAY is 134 sq meters (1,447 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Wainwright Drive |
| Feb 2024 | Anti-social behaviour | On or near Charterhouse Drive | |
| Feb 2024 | Anti-social behaviour | On or near Charterhouse Drive | |
| 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 |