£277,055
This estimated value is based upon the latest sale price for the house of £278,000 on 19 Apr 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £278,000 | 19 Apr 2023 |
| £152,000 | 21 May 2012 |
| £72,000 | 4 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 852 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 April 2023 the House Price Index for SOMERSET was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £278,000 results in an estimated price of approximately £277,055.
| 19 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £278,000 | £-944 | £277,055 |
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 | -13.830 % | £-38,447 | £239,552 |
| 3 Month Average | -14.357 % | £-39,913 | £238,086 |
| 6 Month Average | -4.253 % | £-11,824 | £266,175 |
This house has a floor area of 79 sq meters or 852 sq feet when measured on 14 Feb 2012.
The average size of a house on WEDMORE CLOSE is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerton Gardens |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Somerton Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerton Gardens |