£249,695
This estimated value is based upon the latest sale price for the house of £183,500 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £183,500 | 24 Mar 2016 |
| £128,000 | 1 Jul 2005 |
| £87,250 | 7 May 2002 |
| £57,500 | 30 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 March 2016 the House Price Index for SOMERSET was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £183,500 results in an estimated price of approximately £249,695.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £183,500 | £66,195 | £249,695 |
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 | 15.204 % | £27,899 | £211,399 |
| 3 Month Average | 64.771 % | £118,853 | £302,353 |
| 6 Month Average | 58.024 % | £106,473 | £289,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £290,828 | £285,000 | 4 RIVERS REACH |
| 27 Jan 2023 | £319,855 | £319,000 | 12 RIVERS REACH |
| 8 Jul 2022 | £388,897 | £385,000 | 5 GREAT WESTERN TERRACE |
| 1 Jun 2022 | £316,771 | £310,000 | 26 RIVERS REACH |
| 11 Mar 2022 | £239,061 | £229,000 | 10 RIVERS REACH |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Feb 2016. Using an estimated price of £249,695 means this house is valued at £4,380 per sq meter (£406 per sq foot).
The average size of a house on RIVERS REACH is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bendalls Wharf |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garsdale |
| Oct 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |