£154,847
This estimated value is based upon the latest sale price for the house of £48,000 on 21 Nov 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Station Road
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| Price Paid | Date |
|---|---|
| £48,000 | 21 Nov 2001 |
| £45,055 | 25 May 2001 |
| £32,000 | 24 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 2001 the House Price Index for SOMERSET was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £48,000 results in an estimated price of approximately £154,847.
| 21 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £48,000 | £106,847 | £154,847 |
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 | 342.689 % | £164,490 | £212,490 |
| 3 Month Average | 272.657 % | £130,875 | £178,875 |
| 6 Month Average | 174.753 % | £83,881 | £131,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £154,880 | £152,500 | 8 HOLLY COURT PINES CLOSE |
| 5 Mar 2024 | £101,560 | £100,000 | 4 PINES CLOSE |
| 29 Aug 2023 | £140,535 | £138,000 | 5 HOLLY COURT PINES CLOSE |
| 11 Apr 2023 | £73,372 | £72,000 | 26 CAVALIER WAY |
| 31 Jan 2023 | £71,692 | £71,500 | 1 CAVALIER WAY |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 11 Jun 2015. Using an estimated price of £154,847 means this house is valued at £4,074 per sq meter (£378 per sq foot).
The average size of a house on PINES CLOSE is 52 sq meters (565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Station Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Cavalier Way |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Cavalier Way |
| May 2024 | Criminal damage and arson | Under investigation | On or near Cavalier Way |
| May 2024 | Burglary | Under investigation | On or near Cavalier Way |