£300,162
This estimated value is based upon the latest sale price for the house of £207,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£207,000 | 24 Jul 2015 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in July 2015 the House Price Index for NORTH SOMERSET was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £207,000 results in an estimated price of approximately £300,162.
24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £207,000 | £93,162 | £300,162 |
The Postcode Pricing Model uses changes in average sales price within the BS23 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 | 89.973 % | £186,243 | £393,243 |
3 Month Average | 71.668 % | £148,352 | £355,352 |
6 Month Average | 51.524 % | £106,655 | £313,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £282,221 | £276,000 | 71 MENDIP ROAD |
25 Aug 2023 | £285,143 | £280,000 | 73 MENDIP ROAD |
23 Jun 2023 | £255,112 | £250,000 | 38 MENDIP ROAD |
20 Jan 2023 | £391,045 | £390,000 | 99 MENDIP ROAD |
26 Aug 2022 | £261,221 | £260,000 | 105 MENDIP ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Jul 2014. Using an estimated price of £300,163 means this house is valued at £3,262 per sq meter (£303 per sq foot).
The average size of a house on MENDIP ROAD is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Unable to prosecute suspect | On or near Mendip Road |
Oct 2024 | Anti-social behaviour | On or near Mendip Road | |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Mendip Road |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mendip Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Mendip Road |