£239,419
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Mar 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £115,000 | 31 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2004 the House Price Index for SOMERSET was 71.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 108.191%.Applying this 108.191% change to the original purchase price of £115,000 results in an estimated price of approximately £239,419.
| 31 Mar 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.0 | 108.191 % | £115,000 | £124,419 | £239,419 |
The Postcode Pricing Model uses changes in average sales price within the BA22 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 | -7.443 % | £-8,559 | £106,440 |
| 3 Month Average | 25.425 % | £29,239 | £144,239 |
| 6 Month Average | 75.629 % | £86,972 | £201,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £265,014 | £260,000 | 2 HAWKS RISE |
| 1 Jun 2023 | £141,144 | £140,000 | 39 HAWKS RISE |
| 30 Mar 2023 | £236,277 | £235,000 | 30 HAWKS RISE |
| 17 Feb 2023 | £149,294 | £150,000 | 19 HAWKS RISE |
| 10 Feb 2023 | £263,753 | £265,000 | 8 HAWKS RISE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 23 Jan 2020. Using an estimated price of £239,420 means this house is valued at £5,320 per sq meter (£494 per sq foot).
The average size of a house on HAWKS RISE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Apr 2024 | Anti-social behaviour | On or near Shopping Area | |
| Apr 2024 | Anti-social behaviour | On or near Shopping Area |