£431,386
This estimated value is based upon the latest sale price for the house of £425,000 on 10 Jan 2024. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £425,000 | 10 Jan 2024 |
| £397,500 | 17 Jan 2022 |
| £290,000 | 22 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 January 2024 the House Price Index for SOMERSET was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £425,000 results in an estimated price of approximately £431,386.
| 10 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £425,000 | £6,386 | £431,386 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 14.459 % | £61,452 | £486,452 |
| 3 Month Average | 6.368 % | £27,063 | £452,063 |
| 6 Month Average | 4.665 % | £19,826 | £444,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £127,226 | £125,000 | 61 WESTFIELD ROAD |
| 21 Aug 2023 | £146,280 | £145,000 | 57 WESTFIELD ROAD |
| 11 Aug 2023 | £307,692 | £305,000 | 36 CEDAR GROVE |
| 29 Jun 2023 | £384,659 | £380,000 | 18 SUMMERLANDS |
| 27 Mar 2023 | £353,329 | £350,000 | FLAT 6 62 PRESTON ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 15 Sep 2021.
The average size of a house on SUMMERLANDS is 141 sq meters (1,522 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerlands |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Summerlands |
| Feb 2024 | Other theft | Under investigation | On or near Summerlands |