£116,824
This estimated value is based upon the latest sale price for the house of £68,000 on 15 May 2012. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £68,000 | 15 May 2012 |
| £32,500 | 6 Mar 1998 |
| £27,500 | 31 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2012 the House Price Index for NORTH SOMERSET was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £68,000 results in an estimated price of approximately £116,824.
| 15 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £68,000 | £48,824 | £116,824 |
The Postcode Pricing Model uses changes in average sales price within the BS23 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 | 142.002 % | £96,561 | £164,561 |
| 3 Month Average | 98.135 % | £66,731 | £134,731 |
| 6 Month Average | 67.466 % | £45,877 | £113,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £232,133 | £225,000 | FLAT 4 3 BEACONSFIELD ROAD |
| 16 Jun 2023 | £179,599 | £176,000 | FLAT 3 5 BEACONSFIELD ROAD |
| 27 Mar 2023 | £228,821 | £225,000 | 44 WALLISCOTE ROAD |
| 6 Feb 2023 | £151,009 | £150,000 | FLAT 7 NEVA LODGE, 9 WALLISCOTE ROAD |
| 21 Oct 2022 | £144,517 | £145,000 | FLAT 5 NEVA LODGE, 9 WALLISCOTE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 19 Jun 2018. Using an estimated price of £116,824 means this house is valued at £2,163 per sq meter (£200 per sq foot).
The average size of a house on NEVA ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilton Gardens |
| Sep 2024 | Other theft | Under investigation | On or near Wilton Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wilton Gardens |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Wilton Gardens |
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Wilton Gardens |