£469,969
This estimated value is based upon the latest sale price for the house of £335,000 on 2 Nov 2015. 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 Hornbeam Close
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| Price Paid | Date |
|---|---|
| £335,000 | 2 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2015 the House Price Index for SOMERSET was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £335,000 results in an estimated price of approximately £469,969.
| 2 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £335,000 | £134,969 | £469,969 |
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 | 1.427 % | £4,781 | £339,781 |
| 3 Month Average | 46.465 % | £155,656 | £490,656 |
| 6 Month Average | 49.682 % | £166,433 | £501,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £624,596 | £615,000 | 11 COLLETT WAY |
| 24 Aug 2023 | £407,347 | £400,000 | 22 BRAITHWAITE WAY |
| 28 Jun 2023 | £214,294 | £210,000 | 34 CHARTERHOUSE DRIVE |
| 28 Apr 2023 | £303,680 | £298,000 | 4 HORNBEAM CLOSE |
| 25 Apr 2023 | £596,150 | £585,000 | 16 CHURCHWARD DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 7 Apr 2015. Using an estimated price of £469,969 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on BRAITHWAITE WAY is 107 sq meters (1,160 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Hornbeam Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wainwright Drive |
| Oct 2024 | Burglary | Under investigation | On or near Gooch Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Forest Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wedmore Close |