£241,888
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Sep 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Reid Court
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 8 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 823 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 2011 the House Price Index for SOMERSET was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £140,000 results in an estimated price of approximately £241,888.
| 8 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £140,000 | £101,888 | £241,888 |
The Postcode Pricing Model uses changes in average sales price within the BA5 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 | 43.732 % | £61,224 | £201,224 |
| 3 Month Average | 49.222 % | £68,911 | £208,911 |
| 6 Month Average | 36.951 % | £51,731 | £191,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £415,310 | £410,000 | 9 WHEELER GROVE |
| 24 Aug 2023 | £411,601 | £408,000 | 37 WHEELER GROVE |
| 6 Feb 2023 | £327,280 | £327,500 | 22 WHEELER GROVE |
| 23 Jan 2023 | £278,687 | £280,000 | 12 WOOD CLOSE |
| 29 Jul 2022 | £136,367 | £136,000 | FLAT 16 WELSH COURT CHARTER WAY |
This house has a floor area of 76 sq meters or 823 sq feet when measured on 10 Jun 2011. Using an estimated price of £241,889 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on CHARTER WAY is 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Reid Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reid Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Algar Court |
| Mar 2024 | Anti-social behaviour | On or near Hamilton Court | |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Hamilton Court |