£246,255
This estimated value is based upon the latest sale price for the house of £172,300 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£172,300 | 14 Aug 2015 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 August 2015 the House Price Index for SOMERSET was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £172,300 results in an estimated price of approximately £246,255.
14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £172,300 | £73,955 | £246,255 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | -34.961 % | £-60,237 | £112,062 |
3 Month Average | -10.033 % | £-17,287 | £155,012 |
6 Month Average | 6.143 % | £10,583 | £182,883 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £116,489 | £115,000 | 16 COMPTON CLOSE |
7 Jul 2023 | £192,541 | £189,950 | 27 SHARPHAM ROAD |
3 Mar 2023 | £252,378 | £250,000 | 17 COMPTON CLOSE |
2 Aug 2022 | £211,930 | £212,500 | 47 COMPTON CLOSE |
14 Jul 2022 | £360,972 | £360,000 | 21 SHARPHAM ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Apr 2015. Using an estimated price of £246,256 means this house is valued at £2,966 per sq meter (£275 per sq foot).
The average size of a house on WELLS ROAD is 112 sq meters (1,212 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Compton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Compton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Compton Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Compton Close |
Feb 2024 | Vehicle crime | Under investigation | On or near Sharpham Road |