£298,587
This estimated value is based upon the latest sale price for the house of £300,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £300,000 | 24 Feb 2023 |
| £199,950 | 24 Aug 2016 |
| £191,000 | 26 Aug 2015 |
| £192,000 | 5 Sep 2014 |
| £165,000 | 30 Jun 2008 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2023 the House Price Index for SOMERSET was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £300,000 results in an estimated price of approximately £298,587.
| 24 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £300,000 | £-1,412 | £298,587 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | -11.551 % | £-34,654 | £265,345 |
| 3 Month Average | 15.879 % | £47,637 | £347,637 |
| 6 Month Average | -8.412 % | £-25,237 | £274,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £315,978 | £310,000 | 67 HOBBS ROAD |
| 10 Nov 2023 | £144,353 | £142,500 | FLAT 3 DRAYCOTT HOUSE NALDER CLOSE |
| 25 Aug 2023 | £148,906 | £148,000 | 5 DULCOTT HOUSE MARSH CLOSE |
| 17 Apr 2023 | £127,951 | £127,000 | FLAT 6 DRAYCOTT HOUSE NALDER CLOSE |
| 3 Apr 2023 | £161,198 | £160,000 | 18 CRANMORE COURT HOBBS ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Jun 2014. Using an estimated price of £298,588 means this house is valued at £3,828 per sq meter (£355 per sq foot).
The average size of a house on HOBBS ROAD is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Blandford Road |
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Blandford Road |
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Blandford Road |
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Blandford Road |
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Blandford Road |