£229,272
This estimated value is based upon the latest sale price for the house of £105,000 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Fairmead Road
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| Price Paid | Date |
|---|---|
| £105,000 | 14 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2003 the House Price Index for SOMERSET was 67.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 118.355%.Applying this 118.355% change to the original purchase price of £105,000 results in an estimated price of approximately £229,272.
| 14 Nov 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 146.7 | 118.355 % | £105,000 | £124,272 | £229,272 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 86.469 % | £90,792 | £195,792 |
| 3 Month Average | 93.245 % | £97,907 | £202,907 |
| 6 Month Average | 82.795 % | £86,934 | £191,934 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Aug 2017.
The average size of a house on LOWER FAIRMEAD ROAD is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Fairmead Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Fairmead Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmead Road |