£317,288
This estimated value is based upon the latest sale price for the house of £317,500 on 6 Sep 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £317,500 | 6 Sep 2022 |
| £175,000 | 27 Jul 2007 |
| £89,950 | 23 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2022 the House Price Index for SOMERSET was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £317,500 results in an estimated price of approximately £317,288.
| 6 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £317,500 | £-211 | £317,288 |
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 | 1.112 % | £3,530 | £321,030 |
| 3 Month Average | -13.986 % | £-44,406 | £273,093 |
| 6 Month Average | -14.648 % | £-46,507 | £270,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £282,162 | £275,000 | 3 ALBION PLACE |
| 23 Aug 2023 | £422,622 | £415,000 | 15 GREEN LANE |
| 9 Jun 2023 | £265,317 | £260,000 | 98 WESTFIELD ROAD |
| 1 Jun 2023 | £244,908 | £240,000 | 52 WESTFIELD ROAD |
| 3 Mar 2023 | £259,331 | £255,000 | 2 ALBION PLACE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Nov 2021. Using an estimated price of £317,288 means this house is valued at £3,822 per sq meter (£355 per sq foot).
The average size of a house on ALBION PLACE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Sep 2024 | Anti-social behaviour | On or near Green Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Sep 2024 | Public order | Under investigation | On or near Green Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |