£405,738
This estimated value is based upon the latest sale price for the house of £238,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £238,000 | 30 Nov 2012 |
| £149,950 | 23 Jul 2002 |
| £120,000 | 31 Jan 2000 |
| £82,750 | 30 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2012 the House Price Index for SOMERSET was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £238,000 results in an estimated price of approximately £405,738.
| 30 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £238,000 | £167,738 | £405,738 |
The Postcode Pricing Model uses changes in average sales price within the BA10 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 | 52.613 % | £125,219 | £363,219 |
| 3 Month Average | 54.796 % | £130,413 | £368,413 |
| 6 Month Average | 66.937 % | £159,310 | £397,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £230,860 | £225,000 | 66 WESTFIELD |
| 13 Nov 2023 | £107,735 | £105,000 | 17 PARK ROAD |
| 8 Sep 2023 | £204,508 | £200,000 | 12 COLE ROAD |
| 1 Sep 2023 | £286,311 | £280,000 | RAILWAY COTTAGE LUSTY |
| 10 Feb 2023 | £714,775 | £710,000 | FINGLE LODGE COLE ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 22 Sep 2012. Using an estimated price of £405,738 means this house is valued at £3,325 per sq meter (£308 per sq foot).
The average size of a house on COLE MEAD is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cole Mead |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cole Mead |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cole Road |
| Aug 2024 | Public order | Under investigation | On or near Cole Road |
| Aug 2024 | Anti-social behaviour | On or near Westfield |