£473,715
This estimated value is based upon the latest sale price for the house of £355,000 on 18 Oct 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £355,000 | 18 Oct 2016 |
| £245,000 | 16 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 October 2016 the House Price Index for SOMERSET was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £355,000 results in an estimated price of approximately £473,715.
| 18 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £355,000 | £118,715 | £473,715 |
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 | -12.954 % | £-45,985 | £309,014 |
| 3 Month Average | 35.162 % | £124,824 | £479,824 |
| 6 Month Average | 32.841 % | £116,585 | £471,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £630,628 | £611,250 | 39 THE BUTTS |
| 11 Oct 2023 | £317,204 | £310,000 | 54 WHITEWELL ROAD |
| 1 Sep 2023 | £99,698 | £97,500 | 32 MALTHOUSE COURT |
| 4 Aug 2023 | £432,806 | £425,000 | 82 THE BUTTS |
| 20 Jun 2023 | £224,499 | £220,000 | 3 RICHMOND ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 11 May 2016. Using an estimated price of £473,716 means this house is valued at £3,359 per sq meter (£312 per sq foot).
The average size of a house on THE BUTTS is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossiter'S Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossiter'S Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossiter'S Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Rossiter'S Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rossiter'S Road |