£394,315
This estimated value is based upon the latest sale price for the house of £320,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£320,000 | 29 May 2020 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 May 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £320,000 results in an estimated price of approximately £394,315.
29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £320,000 | £74,315 | £394,315 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | 40.654 % | £130,093 | £450,093 |
3 Month Average | 10.161 % | £32,514 | £352,514 |
6 Month Average | 38.331 % | £122,659 | £442,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £397,205 | £385,000 | 9 THE LINK |
7 Nov 2023 | £564,325 | £550,000 | SOUTHVIEW ORCHARD HANNAY ROAD |
22 Sep 2023 | £439,181 | £429,500 | 1 MEWSWELL DRIVE |
1 Sep 2023 | £562,398 | £550,000 | HOLLYWOOD HOUSE HANNAY ROAD |
29 Sep 2022 | £719,519 | £720,000 | BROCKFIELD KENT STREET |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 23 Oct 2019. Using an estimated price of £394,315 means this house is valued at £2,479 per sq meter (£230 per sq foot).
The average size of a house on HANNAY ROAD is 178 sq meters (1,916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hannay Road |
Jul 2024 | Anti-social behaviour | On or near Warren'S Close | |
Jul 2024 | Anti-social behaviour | On or near Warren'S Close | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warren'S Close |
Jul 2024 | Anti-social behaviour | On or near Warren'S Close |