£249,499
This estimated value is based upon the latest sale price for the house of £148,000 on 3 May 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £148,000 | 3 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 May 2013 the House Price Index for SOMERSET was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £148,000 results in an estimated price of approximately £249,499.
| 3 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £148,000 | £101,499 | £249,499 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | 118.370 % | £175,187 | £323,187 |
| 3 Month Average | 50.251 % | £74,371 | £222,371 |
| 6 Month Average | 56.172 % | £83,134 | £231,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2024 | £365,000 | £365,000 | 13 ANNALY ROAD |
| 11 Dec 2023 | £763,460 | £740,000 | 2 THE LAWNS |
| 26 Sep 2023 | £176,388 | £172,500 | 35 FIVEWAYS CLOSE |
| 10 Jun 2022 | £715,239 | £699,950 | OTTER HOUSE, 5 BARROWS ROAD |
| 18 Mar 2022 | £208,787 | £200,000 | 15 GOUGH PLACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 31 Oct 2012. Using an estimated price of £249,500 means this house is valued at £4,377 per sq meter (£406 per sq foot).
The average size of a house on FIVEWAYS CLOSE is 57 sq meters (621 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Gough Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Station Close |
| Sep 2024 | Burglary | Under investigation | On or near Lower New Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Lower New Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower New Road |