£410,337
This estimated value is based upon the latest sale price for the house of £383,000 on 13 Dec 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£383,000 | 13 Dec 2021 |
£379,995 | 29 Mar 2019 |
Detached |
Freehold |
Floor Area: 174 sq meters or 1,872 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 December 2021 the House Price Index for SOMERSET was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £383,000 results in an estimated price of approximately £410,337.
13 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £383,000 | £27,337 | £410,337 |
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 | -26.365 % | £-100,979 | £282,020 |
3 Month Average | 7.257 % | £27,794 | £410,794 |
6 Month Average | 11.441 % | £43,819 | £426,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £205,516 | £202,750 | 94 GREAT MEAD |
3 Jul 2023 | £116,569 | £115,000 | FLAT 5 BENBOW HOUSE GREAT MEAD |
17 Feb 2023 | £369,751 | £370,000 | 8 MALLORY ROAD |
16 Jan 2023 | £218,969 | £220,000 | 121 GREAT MEAD |
6 Jan 2023 | £219,964 | £221,000 | 127 GREAT MEAD |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 2 Jul 2018. Using an estimated price of £410,337 means this house is valued at £2,358 per sq meter (£219 per sq foot).
The average size of a house on MALLORY ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallory Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallory Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Mead |