£203,734
This estimated value is based upon the latest sale price for the house of £164,000 on 15 May 2018. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£164,000 | 15 May 2018 |
£150,000 | 28 Jun 2016 |
£129,950 | 18 Aug 2006 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 sq feet |
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 May 2018 the House Price Index for NORTH SOMERSET was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £164,000 results in an estimated price of approximately £203,734.
15 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.0 | 24.228 % | £164,000 | £39,734 | £203,734 |
The Postcode Pricing Model uses changes in average sales price within the BS22 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 | 15.817 % | £25,939 | £189,939 |
3 Month Average | 24.647 % | £40,420 | £204,420 |
6 Month Average | 26.197 % | £42,963 | £206,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £201,681 | £201,000 | 28 GREENHILL CLOSE |
18 Aug 2023 | £342,080 | £340,000 | 2 MAGDALEN WAY |
2 Jun 2023 | £282,289 | £280,000 | 7 GREENHILL CLOSE |
10 Mar 2023 | £216,168 | £215,000 | 32 GREENHILL CLOSE |
19 Aug 2022 | £246,336 | £248,000 | 22 COURTENAY WALK |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 31 Mar 2016. Using an estimated price of £203,734 means this house is valued at £3,512 per sq meter (£326 per sq foot).
The average size of a house on MAGDALEN WAY is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Magdalen Way | |
Mar 2024 | Possession of weapons | Under investigation | On or near Magdalen Way |
Mar 2024 | Possession of weapons | Under investigation | On or near Magdalen Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalen Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bishop Avenue |