£461,334
This estimated value is based upon the latest sale price for the house of £395,000 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£395,000 | 2 Nov 2020 |
£310,000 | 13 Jun 2019 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 November 2020 the House Price Index for SOMERSET was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £395,000 results in an estimated price of approximately £461,334.
2 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £395,000 | £66,334 | £461,334 |
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 | -32.984 % | £-130,288 | £264,711 |
3 Month Average | 2.513 % | £9,928 | £404,928 |
6 Month Average | 7.898 % | £31,196 | £426,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £141,343 | £137,000 | 17 WALLINGTON WAY |
24 Nov 2023 | £356,038 | £347,000 | 78 VALLIS ROAD |
17 Aug 2023 | £249,500 | £245,000 | 58 VALLIS ROAD |
3 Apr 2023 | £290,432 | £285,000 | 46 VALLIS ROAD |
4 Mar 2022 | £782,950 | £750,000 | PARBURY HOUSE 98 - 100 VALLIS ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Jun 2020. Using an estimated price of £461,335 means this house is valued at £4,046 per sq meter (£375 per sq foot).
The average size of a house on VALLIS ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Possession of weapons | Under investigation | On or near Wallington Way |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallington Way |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallington Way |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Weston Walk |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Weston Walk |