£269,932
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Sep 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £220,000 | 18 Sep 2019 |
| £132,500 | 4 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £220,000 results in an estimated price of approximately £269,932.
| 18 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £220,000 | £49,932 | £269,932 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | -8.737 % | £-19,221 | £200,778 |
| 3 Month Average | 7.179 % | £15,793 | £235,793 |
| 6 Month Average | 13.403 % | £29,486 | £249,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £257,000 | £257,000 | 45 MERRIMAN ROAD |
| 14 Dec 2023 | £89,058 | £87,500 | FLAT 2 12 ORIEL ROAD |
| 10 Nov 2023 | £389,771 | £384,000 | 14 SILVER ROAD |
| 31 Aug 2023 | £302,648 | £300,000 | 12 MIDDLE LEIGH |
| 5 Jan 2023 | £273,711 | £275,000 | 19 IVYTHORN ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Dec 2014. Using an estimated price of £269,932 means this house is valued at £3,697 per sq meter (£343 per sq foot).
The average size of a house on ORIEL ROAD is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oriel Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Park Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Middle Leigh |
| Feb 2024 | Anti-social behaviour | On or near Merriman Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Merriman Gardens |