£358,845
This estimated value is based upon the latest sale price for the house of £299,995 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £299,995 | 25 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 September 2020 the House Price Index for SOMERSET was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £299,995 results in an estimated price of approximately £358,845.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £299,995 | £58,850 | £358,845 |
The Postcode Pricing Model uses changes in average sales price within the BA7 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 | -2.056 % | £-6,168 | £293,826 |
| 3 Month Average | 47.508 % | £142,522 | £442,517 |
| 6 Month Average | 24.655 % | £73,964 | £373,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Oct 2024 | £1,850,000 | £1,850,000 | HADSPEN VALLEY HOUSE |
| 11 Oct 2023 | £255,810 | £250,000 | 22 FOURWAYS CLOSE |
| 29 Sep 2023 | £460,143 | £450,000 | KNAPP FARM WYKE ROAD |
| 29 Mar 2023 | £366,114 | £360,000 | 5 FOURWAYS CLOSE |
| 9 Sep 2022 | £181,879 | £182,000 | 16 FOURWAYS CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 8 Jun 2020. Using an estimated price of £358,845 means this house is valued at £3,699 per sq meter (£343 per sq foot).
The average size of a house on GROVE MEAD is 144 sq meters (1,550 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hell Ladder Lane |
| Aug 2024 | Other theft | Under investigation | On or near Hell Ladder Lane |
| Aug 2024 | Burglary | Under investigation | On or near Cary Hill |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Park Place |
| Aug 2024 | Shoplifting | Under investigation | On or near Castle Rise |