£369,040
This estimated value is based upon the latest sale price for the house of £65,000 on 2 Feb 1996. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £65,000 | 2 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 1996 the House Price Index for SOMERSET was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £65,000 results in an estimated price of approximately £369,040.
| 2 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £65,000 | £304,040 | £369,040 |
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 | 1051.490 % | £683,468 | £748,468 |
| 3 Month Average | 700.876 % | £455,569 | £520,569 |
| 6 Month Average | 453.074 % | £294,498 | £359,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £299,603 | £295,000 | 2 TYTHING WAY |
| 15 Sep 2023 | £224,959 | £220,000 | 33 SOUTHGATE DRIVE |
| 20 Apr 2023 | £356,671 | £350,000 | 49 SOUTHGATE DRIVE |
| 27 Jan 2023 | £350,938 | £350,000 | 12 MEADOW CLOSE |
| 26 Aug 2022 | £276,292 | £275,000 | 21 BLACKMORE CHASE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Jul 2012. Using an estimated price of £369,041 means this house is valued at £4,341 per sq meter (£403 per sq foot).
The average size of a house on SOUTHGATE DRIVE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale View Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale View Gardens |
| May 2024 | Anti-social behaviour | On or near Maple Close | |
| May 2024 | Anti-social behaviour | On or near Maple Close | |
| May 2024 | Anti-social behaviour | On or near Maple Close |