£273,789
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 January 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £220,000 results in an estimated price of approximately £273,789.
| 28 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £220,000 | £53,789 | £273,789 |
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 | -8.609 % | £-18,938 | £201,061 |
| 3 Month Average | 22.991 % | £50,580 | £270,580 |
| 6 Month Average | 9.789 % | £21,535 | £241,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £222,500 | £222,500 | 29 FARLEY CLOSE |
| 21 Mar 2024 | £482,412 | £475,000 | 71 WYVILLE ROAD |
| 8 Dec 2023 | £247,609 | £240,000 | 31 FARLEY CLOSE |
| 17 Nov 2023 | £205,209 | £200,000 | 10 WAVERLEY CLOSE |
| 16 Oct 2023 | £189,299 | £185,000 | 11 BRAMLEY DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Feb 2018. Using an estimated price of £273,790 means this house is valued at £4,978 per sq meter (£462 per sq foot).
The average size of a house on FARLEY CLOSE is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bramley Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyville Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyville Road |
| Aug 2024 | Robbery | Under investigation | On or near Wyville Road |
| Aug 2024 | Other crime | Under investigation | On or near Ludlow Close |