£438,473
This estimated value is based upon the latest sale price for the house of £425,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £425,000 | 15 Dec 2023 |
| £249,500 | 9 Nov 2009 |
| £185,000 | 12 Aug 2002 |
| Detached |
| Freehold |
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 December 2023 the House Price Index for NORTH SOMERSET was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £425,000 results in an estimated price of approximately £438,473.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £425,000 | £13,473 | £438,473 |
The Postcode Pricing Model uses changes in average sales price within the BS24 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 | -23.912 % | £-101,627 | £323,372 |
| 3 Month Average | -2.887 % | £-12,268 | £412,731 |
| 6 Month Average | -8.161 % | £-34,684 | £390,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £438,473 | £425,000 | LODSWORTH, 23 HILLSIDE WEST |
| 24 Feb 2023 | £478,194 | £475,000 | 1 HILLSIDE WEST |
| 13 Sep 2022 | £364,756 | £365,000 | 25 ELMVALE DRIVE |
| 2 Sep 2022 | £324,783 | £325,000 | 6 VERELAND ROAD |
| 18 Jul 2022 | £287,885 | £285,000 | 18 VERELAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Banwell Road |
| Jul 2024 | Anti-social behaviour | On or near Hutton Hill | |
| Jun 2024 | Burglary | Under investigation | On or near Vereland Road |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Barrow Road |
| Jun 2024 | Burglary | Under investigation | On or near Willow Drive |