£362,856
This estimated value is based upon the latest sale price for the house of £63,500 on 26 Jan 1996. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £63,500 | 26 Jan 1996 |
| Detached |
| Freehold |
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 1996 the House Price Index for SOMERSET was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £63,500 results in an estimated price of approximately £362,856.
| 26 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £63,500 | £299,356 | £362,856 |
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 | 409.530 % | £260,051 | £323,551 |
| 3 Month Average | 600.359 % | £381,227 | £444,727 |
| 6 Month Average | 540.271 % | £343,071 | £406,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £386,980 | £380,000 | 4 MAGNOLIA CLOSE |
| 25 Jul 2022 | £439,403 | £435,000 | 37 MAGNOLIA CLOSE |
| 15 Mar 2022 | £464,550 | £445,000 | 17 LAUREL CLOSE |
| 9 Feb 2022 | £475,406 | £450,000 | 30 MAGNOLIA CLOSE |
| 2 Nov 2021 | £446,703 | £410,000 | 7 MAGNOLIA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briar Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Pine Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Court |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Pine Court |