£589,975
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £575,000 | 30 Nov 2023 |
| £410,000 | 20 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 November 2023 the House Price Index for SOMERSET was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £575,000 results in an estimated price of approximately £589,975.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £575,000 | £14,975 | £589,975 |
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 | -43.710 % | £-251,329 | £323,670 |
| 3 Month Average | -8.307 % | £-47,767 | £527,232 |
| 6 Month Average | -5.489 % | £-31,564 | £543,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £589,976 | £575,000 | 5 BULLRUSH CLOSE |
| 3 Feb 2023 | £368,965 | £366,500 | 8 LICHEN ROAD |
| 6 Jan 2023 | £842,250 | £840,000 | EYPE COTTAGE SOUTHFIELD FARM |
| 15 Jun 2022 | £398,519 | £390,000 | 10 LICHEN ROAD |
| 25 May 2022 | £323,426 | £315,000 | 1 ROSEMARY WAY |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 22 Nov 2018. Using an estimated price of £589,976 means this house is valued at £3,619 per sq meter (£336 per sq foot).
The average size of a house on BULLRUSH CLOSE is 158 sq meters (1,701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Elder Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elder Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Sep 2024 | Anti-social behaviour | On or near Elder Close | |
| Sep 2024 | Anti-social behaviour | On or near Elder Close |