£485,245
This estimated value is based upon the latest sale price for the house of £249,950 on 22 Jul 2004. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,950 | 22 Jul 2004 |
| £175,000 | 20 Feb 2004 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in July 2004 the House Price Index for SOUTH GLOUCESTERSHIRE was 76.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 94.137%.Applying this 94.137% change to the original purchase price of £249,950 results in an estimated price of approximately £485,245.
| 22 Jul 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.0 | 94.137 % | £249,950 | £235,295 | £485,245 |
The Postcode Pricing Model uses changes in average sales price within the BS37 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 | 140.642 % | £351,535 | £601,485 |
| 3 Month Average | 98.896 % | £247,189 | £497,139 |
| 6 Month Average | 99.485 % | £248,662 | £498,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £429,059 | £425,000 | 124 SOMERSET AVENUE |
| 4 Nov 2022 | £373,936 | £380,000 | 134 SOMERSET AVENUE |
| 31 Oct 2022 | £349,800 | £355,000 | 111 SOMERSET AVENUE |
| 31 Aug 2022 | £342,685 | £345,000 | 66 SOMERSET AVENUE |
| 13 Jun 2022 | £412,177 | £408,000 | 50 SOMERSET AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Melrose Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Melrose Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Avenue |