£274,867
This estimated value is based upon the latest sale price for the house of £48,250 on 31 Oct 1995. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £48,250 | 31 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 1995 the House Price Index for SOMERSET was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £48,250 results in an estimated price of approximately £274,867.
| 31 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 469.674 % | £48,250 | £226,617 | £274,867 |
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 | 182.279 % | £87,949 | £136,199 |
| 3 Month Average | 267.888 % | £129,255 | £177,505 |
| 6 Month Average | 360.910 % | £174,138 | £222,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £80,000 | £80,000 | FLAT 4 NORTHLOAD HALL, 56 NORTHLOAD STREET |
| 22 Mar 2024 | £80,000 | £80,000 | FLAT 6 NORTHLOAD HALL, 56 NORTHLOAD STREET |
| 22 Mar 2024 | £80,000 | £80,000 | FLAT 3 NORTHLOAD HALL, 56 NORTHLOAD STREET |
| 13 Mar 2024 | £140,000 | £140,000 | 1 MANOR CLOSE |
| 28 Apr 2023 | £70,762 | £70,000 | FLAT 8 NORTHLOAD HALL, 56 NORTHLOAD STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 May 2012. Using an estimated price of £274,868 means this house is valued at £2,617 per sq meter (£243 per sq foot).
The average size of a house on POUND CLOSE is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pound Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pound Close |
| Jan 2024 | Other theft | Under investigation | On or near Pound Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Close |