£1,120,431
This estimated value is based upon the latest sale price for the house of £1,087,500 on 31 Jan 2024. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £1,087,500 | 31 Jan 2024 |
| £450,000 | 4 Jul 2002 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in January 2024 the House Price Index for NORTH SOMERSET was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £1,087,500 results in an estimated price of approximately £1,120,431.
| 31 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £1,087,500 | £32,931 | £1,120,431 |
The Postcode Pricing Model uses changes in average sales price within the BS49 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 | 75.095 % | £816,655 | £1,904,155 |
| 3 Month Average | 33.993 % | £369,669 | £1,457,169 |
| 6 Month Average | -1.104 % | £-12,007 | £1,075,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £290,019 | £287,500 | 23 SOUTHLANDS WAY |
| 21 Sep 2023 | £603,299 | £590,000 | CASA ROSADO, 5 SOUTHLANDS WAY |
| 24 Mar 2023 | £310,180 | £305,000 | 20 SOUTHSIDE |
| 1 Mar 2023 | £343,741 | £338,000 | 1 SOUTHSIDE |
| 27 Feb 2023 | £625,176 | £621,000 | 7 SOUTHLANDS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Bristol Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Southlands Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Southlands Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southlands Way |
| May 2024 | Criminal damage and arson | Under investigation | On or near Southlands Way |