£204,795
This estimated value is based upon the latest sale price for the house of £167,000 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £167,000 | 18 Oct 2019 |
| £125,000 | 17 Mar 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 55 sq meters or 592 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 October 2019 the House Price Index for SOMERSET was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £167,000 results in an estimated price of approximately £204,795.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £167,000 | £37,795 | £204,795 |
The Postcode Pricing Model uses changes in average sales price within the BA9 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 | -52.590 % | £-87,824 | £79,175 |
| 3 Month Average | 29.467 % | £49,209 | £216,209 |
| 6 Month Average | 13.022 % | £21,747 | £188,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £254,452 | £250,000 | 6 THORNWELL WAY |
| 24 Aug 2023 | £307,187 | £304,500 | 3 COLES CLOSE |
| 15 Aug 2023 | £320,302 | £317,500 | 12 HOME DRIVE |
| 12 Jan 2023 | £144,320 | £145,000 | 3 MILL GRANGE COTTAGES COLES CLOSE |
| 16 Nov 2022 | £87,935 | £89,000 | 5 MILL GRANGE COTTAGES COLES CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 9 May 2019. Using an estimated price of £204,796 means this house is valued at £3,723 per sq meter (£345 per sq foot).
The average size of a house on COLES CLOSE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Coles Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coles Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coles Close |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Coles Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thornwell Way |