£319,909
This estimated value is based upon the latest sale price for the house of £245,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£245,000 | 10 Mar 2017 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 March 2017 the House Price Index for SOMERSET was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £245,000 results in an estimated price of approximately £319,909.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £245,000 | £74,909 | £319,909 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 62.401 % | £152,881 | £397,881 |
3 Month Average | 10.555 % | £25,859 | £270,859 |
6 Month Average | 28.913 % | £70,837 | £315,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £156,042 | £152,602 | 2 EARNS ST MARYS COOMBE COOMBE LANE |
18 Aug 2023 | £168,031 | £165,000 | 17 WILLOW DRIVE |
21 Apr 2023 | £300,623 | £295,000 | 34 WILLOW DRIVE |
16 Sep 2022 | £274,816 | £275,000 | 23 WILLOW DRIVE |
22 Apr 2022 | £653,576 | £630,000 | THE CASTLE COOMBE LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Sep 2016. Using an estimated price of £319,910 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on ELM WAY is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Robbery | Under investigation | On or near Bowlish Lane |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Allen Drive |
Jul 2024 | Other theft | Under investigation | On or near Allen Drive |
Apr 2024 | Vehicle crime | Under investigation | On or near Forum Lane |
Jul 2024 | Other theft | Under investigation | On or near Pike Hill |