£221,986
This estimated value is based upon the latest sale price for the house of £174,792 on 1 Nov 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£174,792 | 1 Nov 2017 |
Freehold |
Floor Area: 94 sq meters or 1,016 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 2017 the House Price Index for SOMERSET was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £174,792 results in an estimated price of approximately £221,986.
1 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £174,792 | £47,194 | £221,986 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 5.218 % | £9,120 | £183,912 |
3 Month Average | 24.529 % | £42,874 | £217,666 |
6 Month Average | 28.803 % | £50,345 | £225,137 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £316,937 | £309,950 | 57 GRANGE AVENUE |
16 Aug 2023 | £101,837 | £100,000 | 83 GRANGE AVENUE |
3 Aug 2023 | £269,867 | £265,000 | 18 SOUTHLEAZE ORCHARD |
6 Jun 2022 | £209,478 | £205,000 | 17 GRANGE AVENUE |
26 Apr 2022 | £228,233 | £220,000 | 45 FARM ROAD |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 18 Nov 2010. Using an estimated price of £221,986 means this house is valued at £2,351 per sq meter (£218 per sq foot).
The average size of a house on FARM ROAD is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Barn Close |
Oct 2024 | Shoplifting | Under investigation | On or near Shopping Area |
Oct 2024 | Other theft | Under investigation | On or near Farm Road |
Sep 2024 | Shoplifting | Under investigation | On or near Shopping Area |
Aug 2024 | Shoplifting | Under investigation | On or near Shopping Area |