£277,259
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Nov 2018 |
| £140,000 | 11 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 November 2018 the House Price Index for SOMERSET was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £225,000 results in an estimated price of approximately £277,259.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £225,000 | £52,259 | £277,259 |
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 | -7.832 % | £-17,621 | £207,378 |
| 3 Month Average | 1.036 % | £2,330 | £227,330 |
| 6 Month Average | 7.240 % | £16,290 | £241,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £307,378 | £302,000 | 8 WINE STREET |
| 11 Sep 2023 | £415,310 | £410,000 | 22 SOUTH PARADE |
| 31 Mar 2023 | £244,302 | £242,000 | 17 CHRISTCHURCH STREET WEST |
| 10 Mar 2023 | £239,759 | £237,500 | 2 SHEPPARDS BARTON |
| 1 Feb 2023 | £332,776 | £333,000 | 9 SHEPPARDS BARTON |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Apr 2021. Using an estimated price of £277,260 means this house is valued at £4,951 per sq meter (£459 per sq foot).
The average size of a house on SOUTH PARADE is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near South Parade |
| Dec 2023 | Violence and sexual offences | Further investigation is not in the public interest | On or near South Parade |
| Feb 2024 | Anti-social behaviour | On or near Christchurch Street West | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Christchurch Street West |
| Feb 2024 | Anti-social behaviour | On or near Christchurch Street West |