£275,796
This estimated value is based upon the latest sale price for the house of £188,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £188,000 | 30 Jan 2015 |
| £177,995 | 3 May 2007 |
| £102,000 | 19 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2015 the House Price Index for SOMERSET was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £188,000 results in an estimated price of approximately £275,796.
| 30 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £188,000 | £87,796 | £275,796 |
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 | 47.134 % | £88,611 | £276,611 |
| 3 Month Average | 48.679 % | £91,516 | £279,516 |
| 6 Month Average | 44.561 % | £83,774 | £271,774 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Sep 2014.
The average size of a house on LOWER FAIRMEAD ROAD is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Runnymede Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Runnymede Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Runnymede Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Primrose Lane |
| Mar 2024 | Burglary | Under investigation | On or near Fairmead Road |