£294,433
This estimated value is based upon the latest sale price for the house of £298,000 on 30 Nov 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £298,000 | 30 Nov 2022 |
| £215,000 | 4 Apr 2017 |
| £195,000 | 23 May 2007 |
| £79,950 | 25 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2022 the House Price Index for SOMERSET was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £298,000 results in an estimated price of approximately £294,433.
| 30 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £298,000 | £-3,566 | £294,433 |
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 | -22.973 % | £-68,458 | £229,541 |
| 3 Month Average | 42.559 % | £126,826 | £424,826 |
| 6 Month Average | 36.386 % | £108,430 | £406,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £199,688 | £197,000 | 14 DUKES CLOSE |
| 30 Nov 2022 | £294,434 | £298,000 | 28 GREENWAY CLOSE |
| 28 Oct 2022 | £296,804 | £300,000 | 8 THE AVENUE |
| 22 Jul 2022 | £160,382 | £159,950 | 51 BALSAM FIELDS |
| 10 Jun 2022 | £172,437 | £170,000 | 80 MUNDAYS MEAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Jan 2017. Using an estimated price of £294,434 means this house is valued at £3,978 per sq meter (£369 per sq foot).
The average size of a house on GREENWAY CLOSE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Common Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Common Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Mundays Mead |
| Feb 2024 | Public order | Further action is not in the public interest | On or near Mundays Mead |
| Jan 2024 | Anti-social behaviour | On or near Mundays Mead |