£279,000
This estimated value is based upon the latest sale price for the house of £65,000 on 24 Aug 1999. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £65,000 | 24 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 541 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 August 1999 the House Price Index for SOMERSET was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £65,000 results in an estimated price of approximately £279,000.
| 24 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £65,000 | £214,000 | £279,000 |
The Postcode Pricing Model uses changes in average sales price within the BA5 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 | 279.736 % | £181,828 | £246,828 |
| 3 Month Average | 328.758 % | £213,692 | £278,692 |
| 6 Month Average | 282.057 % | £183,336 | £248,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £499,708 | £495,000 | 68 WELSFORD AVENUE |
| 10 Mar 2023 | £278,625 | £276,000 | 47 LETHBRIDGE ROAD |
| 23 Mar 2022 | £327,459 | £316,000 | 131 WELSFORD AVENUE |
| 28 Jan 2022 | £258,892 | £246,000 | 4 BROOKES COURT LETHBRIDGE ROAD |
| 16 Aug 2021 | £242,646 | £217,500 | 4 LETHBRIDGE ROAD |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 22 Apr 2010. Using an estimated price of £279,000 means this house is valued at £5,541 per sq meter (£514 per sq foot).
There is one other house on the street which we know the size of, this is 3 HOPE CLOSE it is 52.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brookes Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookes Court |
| Feb 2024 | Vehicle crime | Under investigation | On or near Golding Close |
| Feb 2024 | Drugs | Under investigation | On or near Golding Close |
| Dec 2023 | Burglary | Under investigation | On or near Parking Area |