£274,084
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Jul 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£225,000 | 1 Jul 2020 |
£169,000 | 7 Jun 2013 |
£162,500 | 15 Dec 2006 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 July 2020 the House Price Index for SOMERSET was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £225,000 results in an estimated price of approximately £274,084.
1 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £225,000 | £49,084 | £274,084 |
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 | 42.413 % | £95,430 | £320,430 |
3 Month Average | 3.963 % | £8,916 | £233,916 |
6 Month Average | 20.382 % | £45,860 | £270,860 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2023 | £283,758 | £283,000 | 2 MISBURG CLOSE |
21 Apr 2022 | £290,478 | £280,000 | 3 BACK LANE |
27 Jan 2022 | £381,671 | £360,000 | 107 FINCH CLOSE |
10 Dec 2021 | £427,406 | £396,000 | 21 BACK LANE |
1 Oct 2021 | £326,041 | £292,500 | 32 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Sep 2012. Using an estimated price of £274,085 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on FINCH CLOSE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Bucklers Way |
Jul 2024 | Anti-social behaviour | On or near Bishop Crescent | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bishop Crescent |
Jul 2024 | Anti-social behaviour | On or near St Peters Road |