£214,369
This estimated value is based upon the latest sale price for the house of £178,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £178,000 | 31 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 July 2020 the House Price Index for SOMERSET was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £178,000 results in an estimated price of approximately £214,369.
| 31 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £178,000 | £36,369 | £214,369 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 5.116 % | £9,106 | £187,106 |
| 3 Month Average | 21.575 % | £38,404 | £216,404 |
| 6 Month Average | 21.327 % | £37,961 | £215,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £315,978 | £310,000 | 23 BISHOP CRESCENT |
| 17 Apr 2023 | £231,722 | £230,000 | 39 BISHOP CRESCENT |
| 24 Feb 2023 | £273,705 | £275,000 | 34 BISHOP CRESCENT |
| 6 Jan 2023 | £280,536 | £283,000 | 2 MISBURG CLOSE |
| 21 Apr 2022 | £287,179 | £280,000 | 3 BACK LANE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 15 Jan 2019. Using an estimated price of £214,369 means this house is valued at £3,969 per sq meter (£368 per sq foot).
The average size of a house on FINCH CLOSE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Bishop Crescent |
| Mar 2024 | Anti-social behaviour | On or near Beech Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Beech Avenue | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Beech Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Ham Lane East |