£244,357
This estimated value is based upon the latest sale price for the house of £239,950 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for AVON 1
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| Price Paid | Date |
|---|---|
| £239,950 | 18 Aug 2023 |
| £150,000 | 6 Aug 2015 |
| £125,000 | 9 Aug 2005 |
| £113,000 | 29 Jan 2003 |
| £66,250 | 20 Mar 2000 |
| £47,000 | 16 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,037 sq feet |
This model uses changes in the Official Land Registry House Price Index for AVON to estimate the market value.
When this house was purchased in August 2023 the House Price Index for AVON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £239,950 results in an estimated price of approximately £244,357.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £239,950 | £4,407 | £244,357 |
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 | -3.717 % | £-8,918 | £231,031 |
| 3 Month Average | -4.052 % | £-9,723 | £230,226 |
| 6 Month Average | 0.479 % | £1,148 | £241,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £250,000 | £250,000 | 8 ELDERBERRY WALK |
| 15 Dec 2023 | £247,609 | £240,000 | 17 VERBENA WAY |
| 8 Sep 2023 | £289,379 | £283,000 | 28 MOOR LANE |
| 18 Aug 2023 | £244,357 | £239,950 | 7 VERBENA WAY |
| 1 Aug 2023 | £259,684 | £255,000 | 6 LARCHGROVE WALK |
This house has a floor area of 96 sq meters or 1,037 sq feet when measured on 7 Feb 2012. Using an estimated price of £244,357 means this house is valued at £2,535 per sq meter (£235 per sq foot).
The average size of a house on VERBENA WAY is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Avenue |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Magnolia Avenue |
| Jul 2024 | Vehicle crime | Under investigation | On or near Magnolia Avenue |
| Sep 2024 | Anti-social behaviour | On or near Snowberry Close |