£418,425
This estimated value is based upon the latest sale price for the house of £77,000 on 23 Dec 1996. This value is then adjusted by the current Official House Price Index for SOMERSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £77,000 | 23 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 December 1996 the House Price Index for SOMERSET was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £77,000 results in an estimated price of approximately £418,425.
| 23 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £77,000 | £341,425 | £418,425 |
The Postcode Pricing Model uses changes in average sales price within the BS28 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 | 622.017 % | £478,952 | £555,952 |
| 3 Month Average | 506.056 % | £389,663 | £466,663 |
| 6 Month Average | 457.575 % | £352,333 | £429,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £573,816 | £565,000 | UNDER ELMS PILCORN STREET |
| 20 Dec 2023 | £568,674 | £551,200 | 10 HERVEY CLOSE |
| 27 Oct 2023 | £337,669 | £330,000 | APOTHECARY COTTAGE PILCORN STREET |
| 30 Mar 2023 | £645,785 | £635,000 | 32 ST MEDARD ROAD |
| 6 Jul 2022 | £277,783 | £275,000 | 6 ST MEDARD ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 27 Nov 2018. Using an estimated price of £418,425 means this house is valued at £4,226 per sq meter (£392 per sq foot).
The average size of a house on HERVEY CLOSE is 131 sq meters (1,417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Medard Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Medard Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Gardiners Orchard |
| Aug 2024 | Burglary | Under investigation | On or near Manor Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Church Street |