£274,962
This estimated value is based upon the latest sale price for the house of £55,500 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £55,500 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 1997 the House Price Index for SOMERSET was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £55,500 results in an estimated price of approximately £274,962.
| 31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £55,500 | £219,462 | £274,962 |
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 | 157.836 % | £87,599 | £143,099 |
| 3 Month Average | 212.887 % | £118,152 | £173,652 |
| 6 Month Average | 274.951 % | £152,597 | £208,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £63,816 | £63,000 | FLAT 10 OLD MARKET COURT GEORGE STREET |
| 30 Jan 2023 | £121,428 | £122,000 | 39D NORBINS ROAD |
| 13 Jan 2023 | £373,242 | £375,000 | 46 NORBINS ROAD |
| 12 Aug 2022 | £274,262 | £275,000 | 27 OLD MARKET COURT GEORGE STREET |
| 6 May 2022 | £550,370 | £540,000 | 12 - 13 NORBINS ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 3 Aug 2016. Using an estimated price of £274,962 means this house is valued at £2,455 per sq meter (£228 per sq foot).
The average size of a house on NORBINS ROAD is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Norbins Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Feb 2024 | Other crime | Under investigation | On or near George Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near George Street |