£216,308
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £175,000 | 13 Sep 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 September 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £175,000 results in an estimated price of approximately £216,308.
| 13 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £175,000 | £41,308 | £216,308 |
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 | -31.509 % | £-55,140 | £119,859 |
| 3 Month Average | 20.991 % | £36,734 | £211,734 |
| 6 Month Average | 24.211 % | £42,368 | £217,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £242,500 | £242,500 | 23 LABURNUM CLOSE |
| 2 May 2024 | £262,000 | £262,000 | 1 LABURNUM CLOSE |
| 5 Apr 2024 | £242,102 | £240,000 | 6 MAYTREE CLOSE |
| 13 Mar 2024 | £243,745 | £240,000 | 21 ASPEN CLOSE |
| 9 Nov 2023 | £374,506 | £365,000 | 8 MAYTREE CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Dec 2015. Using an estimated price of £216,308 means this house is valued at £2,458 per sq meter (£228 per sq foot).
The average size of a house on FOREST ROAD is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Oct 2024 | Public order | Awaiting court outcome | On or near Parking Area |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Parking Area |