£394,220
This estimated value is based upon the latest sale price for the house of £380,000 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
There has been one burglary within the last year on or near Vereland Road
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| Price Paid | Date |
|---|---|
| £380,000 | 20 Apr 2022 |
| £277,500 | 10 Aug 2018 |
| £230,000 | 4 Aug 2017 |
| £36,750 | 3 Jul 1997 |
| Detached |
| Freehold |
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 April 2022 the House Price Index for NORTH SOMERSET was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £380,000 results in an estimated price of approximately £394,220.
| 20 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £380,000 | £14,220 | £394,220 |
The Postcode Pricing Model uses changes in average sales price within the BS24 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 | 59.032 % | £224,319 | £604,319 |
| 3 Month Average | 8.974 % | £34,099 | £414,099 |
| 6 Month Average | 6.376 % | £24,229 | £404,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £294,925 | £290,000 | 19 WILLOW DRIVE |
| 13 Sep 2022 | £364,756 | £365,000 | 25 ELMVALE DRIVE |
| 2 Sep 2022 | £324,783 | £325,000 | 6 VERELAND ROAD |
| 18 Jul 2022 | £287,885 | £285,000 | 18 VERELAND ROAD |
| 20 Apr 2022 | £394,220 | £380,000 | 23 VERELAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Vereland Road |
| Jun 2024 | Burglary | Under investigation | On or near Willow Drive |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Barrow Road |
| Jul 2024 | Anti-social behaviour | On or near Hutton Hill | |
| Apr 2024 | Burglary | Under investigation | On or near Southview Close |