£354,418
This estimated value is based upon the latest sale price for the house of £277,000 on 24 Aug 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £277,000 | 24 Aug 2017 |
| £56,000 | 18 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 2017 the House Price Index for SOMERSET was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £277,000 results in an estimated price of approximately £354,418.
| 24 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £277,000 | £77,418 | £354,418 |
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 | 15.119 % | £41,879 | £318,879 |
| 3 Month Average | 18.703 % | £51,808 | £328,808 |
| 6 Month Average | 17.641 % | £48,865 | £325,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £317,204 | £310,000 | 32 WREN CLOSE |
| 29 Sep 2023 | £219,846 | £215,000 | 16 WREN CLOSE |
| 25 Aug 2023 | £305,510 | £300,000 | 11 WREN CLOSE |
| 24 Jun 2022 | £332,099 | £325,000 | 16 JAY CLOSE |
| 24 Jun 2022 | £214,587 | £210,000 | 33 SWALLOW DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 29 Mar 2017. Using an estimated price of £354,419 means this house is valued at £3,029 per sq meter (£281 per sq foot).
The average size of a house on JAY CLOSE is 104 sq meters (1,120 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Awaiting court outcome | On or near Wren Close |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Wren Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wren Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackbird Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chestnut Close |