£478,443
This estimated value is based upon the latest sale price for the house of £385,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £385,000 | 3 Dec 2018 |
| £185,000 | 1 Apr 2004 |
| £145,000 | 7 Mar 2003 |
| £80,000 | 2 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 December 2018 the House Price Index for SOMERSET was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £385,000 results in an estimated price of approximately £478,443.
| 3 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £385,000 | £93,443 | £478,443 |
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 | -24.167 % | £-93,044 | £291,955 |
| 3 Month Average | 15.864 % | £61,076 | £446,076 |
| 6 Month Average | 7.105 % | £27,355 | £412,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £272,877 | £265,950 | 35 SLIPPS CLOSE |
| 4 Oct 2023 | £470,690 | £460,000 | 36A BUTTS HILL |
| 22 Sep 2023 | £306,762 | £300,000 | 5 NEWINGTON TERRACE |
| 30 Jun 2023 | £510,225 | £500,000 | 36B BUTTS HILL |
| 27 Apr 2023 | £132,478 | £130,000 | 12 WATER LANE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 10 Aug 2018. Using an estimated price of £478,444 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on BUTTS HILL is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Newington Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Water Lane |
| Sep 2024 | Anti-social behaviour | On or near Water Lane | |
| Sep 2024 | Anti-social behaviour | On or near Water Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Water Lane |