£492,471
This estimated value is based upon the latest sale price for the house of £167,744 on 10 May 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £167,744 | 10 May 2002 |
| Detached |
| Freehold |
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 2002 the House Price Index for SOMERSET was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £167,744 results in an estimated price of approximately £492,471.
| 10 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £167,744 | £324,727 | £492,471 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | 159.403 % | £267,388 | £435,132 |
| 3 Month Average | 111.692 % | £187,356 | £355,100 |
| 6 Month Average | 148.975 % | £249,896 | £417,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Aug 2024 | £450,000 | £450,000 | 7 MEAD CLOSE |
| 28 Mar 2024 | £416,398 | £410,000 | 8 DUNSTAN WAY |
| 13 Nov 2023 | £348,855 | £340,000 | 12 LABOURHAM WAY |
| 11 Jul 2022 | £393,947 | £390,000 | 9 TOWER CLOSE |
| 11 Jul 2022 | £479,808 | £475,000 | 5 TOWER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mead Close |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Lands Close |