£420,187
This estimated value is based upon the latest sale price for the house of £340,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £340,000 | 12 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 December 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £340,000 results in an estimated price of approximately £420,187.
| 12 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £340,000 | £80,187 | £420,187 |
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 | -36.068 % | £-122,632 | £217,367 |
| 3 Month Average | 19.527 % | £66,391 | £406,391 |
| 6 Month Average | 17.141 % | £58,280 | £398,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £302,628 | £300,000 | THE OLD GRANARY SOUTH PARADE |
| 18 Oct 2023 | £354,553 | £346,500 | 2 WINE STREET |
| 12 Oct 2023 | £1,023,240 | £1,000,000 | WINE STREET HOUSE 21 WINE STREET |
| 11 Sep 2023 | £419,242 | £410,000 | 22 SOUTH PARADE |
| 31 Mar 2023 | £246,110 | £242,000 | 17 CHRISTCHURCH STREET WEST |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 12 Sep 2013. Using an estimated price of £420,187 means this house is valued at £4,244 per sq meter (£394 per sq foot).
The average size of a house on SOUTH PARADE is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near South Parade |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Parade |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Parade |
| Sep 2024 | Burglary | Under investigation | On or near Christchurch Street West |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Christchurch Street West |