£295,665
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £285,000 | 29 Apr 2022 |
| £215,995 | 17 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in April 2022 the House Price Index for NORTH SOMERSET was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £285,000 results in an estimated price of approximately £295,665.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £285,000 | £10,665 | £295,665 |
The Postcode Pricing Model uses changes in average sales price within the BS23 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 | 111.171 % | £316,836 | £601,836 |
| 3 Month Average | 23.027 % | £65,626 | £350,626 |
| 6 Month Average | 14.167 % | £40,375 | £325,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £282,221 | £276,000 | 71 MENDIP ROAD |
| 25 Aug 2023 | £285,143 | £280,000 | 73 MENDIP ROAD |
| 23 Jun 2023 | £255,112 | £250,000 | 38 MENDIP ROAD |
| 13 Jun 2022 | £378,082 | £370,000 | 45 MENDIP ROAD |
| 10 Jun 2022 | £283,561 | £277,500 | 23 SANDFORD ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 23 Jun 2015. Using an estimated price of £295,665 means this house is valued at £2,571 per sq meter (£238 per sq foot).
The average size of a house on MENDIP ROAD is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Mendip Road |
| Oct 2024 | Anti-social behaviour | On or near Mendip Road | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mendip Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Mendip Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Mendip Road |