£272,029
This estimated value is based upon the latest sale price for the house of £59,000 on 30 Jul 1998. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £59,000 | 30 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 1998 the House Price Index for SOMERSET was 31.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 361.066%.Applying this 361.066% change to the original purchase price of £59,000 results in an estimated price of approximately £272,029.
| 30 Jul 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 146.7 | 361.066 % | £59,000 | £213,029 | £272,029 |
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 | 309.750 % | £182,752 | £241,752 |
| 3 Month Average | 372.900 % | £220,011 | £279,011 |
| 6 Month Average | 475.780 % | £280,710 | £339,710 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 1 Apr 2014.
The average size of a house on PENNYS PIECE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Chestnut Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Forest Road |
| Mar 2024 | Other crime | Under investigation | On or near Fermoy |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Cypress Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clink Road |