£233,555
This estimated value is based upon the latest sale price for the house of £137,000 on 1 Nov 2012. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £137,000 | 1 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 755 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 November 2012 the House Price Index for NORTH SOMERSET was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £137,000 results in an estimated price of approximately £233,555.
| 1 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £137,000 | £96,555 | £233,555 |
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 | 117.106 % | £160,434 | £297,434 |
| 3 Month Average | 75.937 % | £104,033 | £241,033 |
| 6 Month Average | 69.112 % | £94,682 | £231,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £204,136 | £201,000 | 28 GREENHILL CLOSE |
| 29 Sep 2023 | £243,365 | £238,000 | 52 WYNTER CLOSE |
| 18 Aug 2023 | £346,245 | £340,000 | 2 MAGDALEN WAY |
| 2 Jun 2023 | £285,726 | £280,000 | 7 GREENHILL CLOSE |
| 10 Mar 2023 | £218,652 | £215,000 | 32 GREENHILL CLOSE |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 23 Feb 2012. Using an estimated price of £233,555 means this house is valued at £3,326 per sq meter (£309 per sq foot).
The average size of a house on MAGDALEN WAY is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Magdalen Way | |
| Jul 2024 | Anti-social behaviour | On or near Magdalen Way | |
| May 2024 | Anti-social behaviour | On or near Magdalen Way | |
| May 2024 | Anti-social behaviour | On or near Magdalen Way | |
| May 2024 | Anti-social behaviour | On or near Magdalen Way |