£274,880
This estimated value is based upon the latest sale price for the house of £160,000 on 1 May 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Hornbeam Close
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| Price Paid | Date |
|---|---|
| £160,000 | 1 May 2012 |
| £125,000 | 26 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 590 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 May 2012 the House Price Index for 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 £160,000 results in an estimated price of approximately £274,880.
| 1 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £160,000 | £114,880 | £274,880 |
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 | 36.904 % | £59,045 | £219,045 |
| 3 Month Average | 90.719 % | £145,150 | £305,150 |
| 6 Month Average | 86.827 % | £138,923 | £298,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £211,455 | £207,500 | 5 ELM LEIGH |
| 26 Jan 2023 | £225,603 | £225,000 | 30 CHESTNUT CLOSE |
| 13 Jan 2023 | £388,538 | £387,500 | 1 ELM LEIGH |
| 22 Mar 2022 | £298,565 | £286,000 | 3 ROSE COTTAGES CLINK ROAD |
| 7 Mar 2022 | £321,531 | £308,000 | 43 ELM LEIGH |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 17 Nov 2011. Using an estimated price of £274,880 means this house is valued at £5,010 per sq meter (£465 per sq foot).
The average size of a house on ELM LEIGH is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Hornbeam Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Forest Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Wren Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Avenue |