£493,781
This estimated value is based upon the latest sale price for the house of £342,950 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£342,950 | 14 Aug 2015 |
£141,000 | 28 Mar 2000 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 August 2015 the House Price Index for SOMERSET was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £342,950 results in an estimated price of approximately £493,781.
14 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £342,950 | £150,831 | £493,781 |
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 | -8.635 % | £-29,613 | £313,336 |
3 Month Average | 51.852 % | £177,824 | £520,774 |
6 Month Average | 56.248 % | £192,902 | £535,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £440,000 | £440,000 | 4 FOXCOTE GARDENS |
12 Apr 2022 | £544,647 | £525,000 | 14 COLLETT WAY |
29 Oct 2021 | £501,601 | £450,000 | 4 WELLOW DRIVE |
29 Oct 2021 | £418,001 | £375,000 | 37 WELLOW DRIVE |
3 Sep 2021 | £502,076 | £462,500 | 8 BRUNEL WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Apr 2015. Using an estimated price of £493,782 means this house is valued at £4,331 per sq meter (£402 per sq foot).
There is one other house on the street which we know the size of, this is 4 SHOSCOMBE GARDENS it is 121.0
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Wainwright Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wedmore Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Close |
Sep 2024 | Burglary | Under investigation | On or near Hornbeam Close |
Oct 2024 | Burglary | Under investigation | On or near Gooch Close |