£299,126
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £185,000 | 6 Dec 2013 |
| £136,500 | 3 May 2002 |
| £83,500 | 28 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 700 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 December 2013 the House Price Index for SOMERSET was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £185,000 results in an estimated price of approximately £299,126.
| 6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £185,000 | £114,126 | £299,126 |
The Postcode Pricing Model uses changes in average sales price within the BA9 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 | 188.276 % | £348,310 | £533,310 |
| 3 Month Average | 131.699 % | £243,643 | £428,643 |
| 6 Month Average | 68.133 % | £126,046 | £311,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £242,500 | £242,500 | 21 PEACH PIE STREET |
| 25 Aug 2023 | £320,786 | £315,000 | 9 TREACLE MINE ROAD |
| 16 Jan 2023 | £401,072 | £400,000 | BEECHES BALSAM LANE |
| 17 May 2022 | £256,687 | £250,000 | 27 PEACH PIE STREET |
| 22 Apr 2022 | £165,988 | £160,000 | 5A DUKES CLOSE |
This house has a floor area of 65 sq meters or 700 sq feet when measured on 9 Oct 2009. Using an estimated price of £299,126 means this house is valued at £4,599 per sq meter (£427 per sq foot).
The average size of a house on BALSAM LANE is 134 sq meters (1,447 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Moon Pond Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moon Pond Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Moon Pond Lane |
| May 2024 | Criminal damage and arson | Under investigation | On or near Peach Pie Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Peach Pie Street |