£324,545
This estimated value is based upon the latest sale price for the house of £260,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £260,000 | 6 Apr 2018 |
| £205,000 | 11 Dec 2009 |
| £102,995 | 27 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,220 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in April 2018 the House Price Index for NORTH SOMERSET was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £260,000 results in an estimated price of approximately £324,545.
| 6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £260,000 | £64,545 | £324,545 |
The Postcode Pricing Model uses changes in average sales price within the BS24 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 | 21.301 % | £55,382 | £315,382 |
| 3 Month Average | 21.894 % | £56,923 | £316,923 |
| 6 Month Average | 27.884 % | £72,498 | £332,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 May 2022 | £221,167 | £217,000 | 67 OLD MILL WAY |
| 9 Dec 2021 | £273,201 | £255,000 | 27 SHREWSBURY BOW |
| 8 Dec 2021 | £358,911 | £335,000 | 9 SHREWSBURY BOW |
| 28 Oct 2021 | £365,138 | £330,000 | 4 IVY LANE |
| 25 Jun 2021 | £257,502 | £240,000 | 12 IVY LANE |
This house has a floor area of 113 sq meters or 1,220 sq feet when measured on 31 Jul 2009. Using an estimated price of £324,545 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on IVY LANE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Autumn Mews |
| Dec 2023 | Public order | Under investigation | On or near Sefton Square |
| Jan 2024 | Anti-social behaviour | On or near Shrewsbury Bow | |
| Jan 2024 | Anti-social behaviour | On or near Shrewsbury Bow | |
| Jan 2024 | Anti-social behaviour | On or near Shrewsbury Bow |