£475,128
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Feb 2012. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £275,000 | 27 Feb 2012 |
| £75,000 | 22 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,206 sq feet |
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 February 2012 the House Price Index for NORTH SOMERSET was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £275,000 results in an estimated price of approximately £475,128.
| 27 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £275,000 | £200,128 | £475,128 |
The Postcode Pricing Model uses changes in average sales price within the BS25 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 | -21.231 % | £-58,384 | £216,615 |
| 3 Month Average | 74.533 % | £204,966 | £479,966 |
| 6 Month Average | 49.969 % | £137,416 | £412,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £352,500 | £352,500 | 21 HOMEFIELD CLOSE |
| 13 Sep 2023 | £378,340 | £370,000 | TALL TREES, 1 EVERGREEN CLOSE |
| 14 Sep 2022 | £394,736 | £395,000 | 5 THE GROVE |
| 7 Sep 2022 | £293,804 | £294,000 | 30 HOMEFIELD CLOSE |
| 11 Apr 2022 | £331,975 | £320,000 | GRINSTEAD SHIPHAM LANE |
This house has a floor area of 112 sq meters or 1,206 sq feet when measured on 25 Oct 2010. Using an estimated price of £475,129 means this house is valued at £4,237 per sq meter (£393 per sq foot).
The average size of a house on THE GROVE is 133 sq meters (1,440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Evergreen Close | |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Evergreen Close |
| Jul 2024 | Anti-social behaviour | On or near Evergreen Close | |
| Jul 2024 | Anti-social behaviour | On or near Evergreen Close | |
| Jul 2024 | Anti-social behaviour | On or near Evergreen Close |