£89,939
This estimated value is based upon the latest sale price for the house of £90,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£90,000 | 10 Feb 2023 |
£106,000 | 23 Mar 2007 |
£30,000 | 21 Jan 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 February 2023 the House Price Index for SOMERSET was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £90,000 results in an estimated price of approximately £89,939.
10 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £90,000 | £-60 | £89,939 |
The Postcode Pricing Model uses changes in average sales price within the BA22 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 | -45.881 % | £-41,293 | £48,706 |
3 Month Average | -42.444 % | £-38,199 | £51,800 |
6 Month Average | -24.276 % | £-21,848 | £68,151 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £81,202 | £80,000 | FLAT 14 BERKLEY COURT HERMES PLACE |
1 Aug 2023 | £224,968 | £223,000 | 66 GREAT ORCHARD |
1 Aug 2023 | £90,794 | £90,000 | FLAT 11 BERKLEY COURT HERMES PLACE |
2 Mar 2023 | £100,951 | £100,000 | 18 EAGLE CLOSE |
10 Feb 2023 | £89,939 | £90,000 | FLAT 17 BERKLEY COURT HERMES PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Oct 2020. Using an estimated price of £89,939 means this house is valued at £1,322 per sq meter (£122 per sq foot).
There is one other house on the street which we know the size of, this is FLAT 7 GROSVENOR COURT HERMES PLACE it is 66.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Hermes Place | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hermes Place |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermes Place |
Dec 2023 | Violence and sexual offences | Local resolution | On or near Illustrious Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eagle Close |