£191,279
This estimated value is based upon the latest sale price for the house of £101,440 on 15 Dec 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £101,440 | 15 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2004 the House Price Index for SOMERSET was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £101,440 results in an estimated price of approximately £191,279.
| 15 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £101,440 | £89,839 | £191,279 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 46.033 % | £46,695 | £148,135 |
| 3 Month Average | 57.583 % | £58,412 | £159,852 |
| 6 Month Average | 49.097 % | £49,803 | £151,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £874,408 | £885,000 | 21 PRESTON ROAD |
| 14 Oct 2022 | £114,764 | £116,000 | FLAT 20 MANHATTAN PRESTON ROAD |
| 12 Oct 2022 | £326,485 | £330,000 | 28 SWALLOWCLIFFE GARDENS |
| 11 May 2022 | £149,823 | £147,000 | 15B THE PARK |
| 6 May 2022 | £550,370 | £540,000 | 4 OAKRIDGE PARK |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 16 Mar 2020. Using an estimated price of £191,279 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on PRESTON ROAD is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A37 |
| Jan 2024 | Public order | Under investigation | On or near A37 |
| Mar 2024 | Vehicle crime | Under investigation | On or near Swallowcliffe Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallowcliffe Gardens |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Swallowcliffe Gardens |