£304,413
This estimated value is based upon the latest sale price for the house of £245,000 on 1 Jul 2019. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £245,000 | 1 Jul 2019 |
| £223,000 | 18 Aug 2015 |
| £150,000 | 11 Nov 2011 |
| £55,000 | 23 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 921 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in July 2019 the House Price Index for NORTH SOMERSET was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £245,000 results in an estimated price of approximately £304,413.
| 1 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £245,000 | £59,413 | £304,413 |
The Postcode Pricing Model uses changes in average sales price within the BS22 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 | 54.910 % | £134,530 | £379,530 |
| 3 Month Average | 22.621 % | £55,421 | £300,421 |
| 6 Month Average | 21.021 % | £51,500 | £296,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £219,997 | £215,000 | 24 THE CRESCENT |
| 17 Oct 2023 | £480,923 | £470,000 | 28 THE CRESCENT |
| 12 Jan 2023 | £441,179 | £440,000 | 83 FARM ROAD |
| 9 Nov 2022 | £408,092 | £410,000 | 48 FARM ROAD |
| 11 Oct 2022 | £318,935 | £320,000 | 76 FARM ROAD |
This house has a floor area of 85 sq meters or 921 sq feet when measured on 10 May 2011. Using an estimated price of £304,414 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on FARM ROAD is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Caveners Court |
| Jul 2024 | Anti-social behaviour | On or near Caveners Court | |
| Jul 2024 | Anti-social behaviour | On or near Caveners Court | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caveners Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caveners Court |