£382,210
This estimated value is based upon the latest sale price for the house of £305,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£305,000 | 15 Jun 2018 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 June 2018 the House Price Index for SOMERSET was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £305,000 results in an estimated price of approximately £382,210.
15 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £305,000 | £77,210 | £382,210 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 15.140 % | £46,176 | £351,176 |
3 Month Average | 22.297 % | £68,005 | £373,005 |
6 Month Average | 36.845 % | £112,377 | £417,377 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £247,046 | £243,250 | 79 GOSS DRIVE |
21 Aug 2023 | £174,141 | £171,000 | 9 LAVENDER COURT |
6 Apr 2023 | £286,356 | £281,000 | 81 GOSS DRIVE |
29 Jul 2022 | £242,429 | £240,000 | 24 GOSS DRIVE |
1 Apr 2022 | £279,067 | £269,000 | 6 EGLINTON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Feb 2018. Using an estimated price of £382,211 means this house is valued at £4,661 per sq meter (£433 per sq foot).
The average size of a house on SMITHFIELD ROAD is 90 sq meters (971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Offender given a caution | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Lane Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane Avenue |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Green Lane Avenue |
Jul 2024 | Anti-social behaviour | On or near Green Lane Avenue |