£508,895
This estimated value is based upon the latest sale price for the house of £480,000 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £480,000 | 13 Jan 2022 |
| £250,000 | 6 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 January 2022 the House Price Index for NORTH SOMERSET was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £480,000 results in an estimated price of approximately £508,895.
| 13 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £480,000 | £28,895 | £508,895 |
The Postcode Pricing Model uses changes in average sales price within the BS23 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 | 44.712 % | £214,615 | £694,615 |
| 3 Month Average | 4.228 % | £20,293 | £500,293 |
| 6 Month Average | 14.417 % | £69,200 | £549,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £185,000 | £185,000 | FLAT 5 PEGASUS LODGE SEVERN ROAD |
| 17 Nov 2023 | £194,949 | £190,000 | FLAT 7 CLARENCE PLACE, 3 - 5 CLARENCE ROAD NORTH |
| 15 Nov 2023 | £128,256 | £125,000 | FLAT 15 PEGASUS COURT, 58 BEACH ROAD |
| 29 Sep 2023 | £86,916 | £85,000 | FLAT 17 CLARENCE PLACE, 3 - 5 CLARENCE ROAD NORTH |
| 4 Aug 2023 | £137,480 | £135,000 | FLAT 52 PEGASUS COURT, 58 BEACH ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 29 Mar 2014. Using an estimated price of £508,895 means this house is valued at £3,855 per sq meter (£358 per sq foot).
The average size of a house on CLARENCE ROAD NORTH is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Beach Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beach Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Beach Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Beach Road |