£277,354
This estimated value is based upon the latest sale price for the house of £215,000 on 26 Jan 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £215,000 | 26 Jan 2017 |
| £159,000 | 29 Jul 2004 |
| £68,500 | 14 Apr 2000 |
| £52,500 | 16 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2017 the House Price Index for SOMERSET was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £215,000 results in an estimated price of approximately £277,354.
| 26 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £215,000 | £62,354 | £277,354 |
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 | -15.322 % | £-32,942 | £182,057 |
| 3 Month Average | 15.459 % | £33,236 | £248,236 |
| 6 Month Average | 34.586 % | £74,360 | £289,360 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Nov 2012.
The average size of a house on VERNAL LANE is 146 sq meters (1,577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Vallis Road |
| Mar 2024 | Burglary | Under investigation | On or near Wallington Way |
| Feb 2024 | Drugs | Further action is not in the public interest | On or near Wallington Way |
| Mar 2024 | Anti-social behaviour | On or near Upper Whatcombe | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Leaze Road |