£362,718
This estimated value is based upon the latest sale price for the house of £105,000 on 22 Mar 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £105,000 | 22 Mar 2001 |
| £65,000 | 16 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 March 2001 the House Price Index for SOMERSET was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £105,000 results in an estimated price of approximately £362,718.
| 22 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £105,000 | £257,718 | £362,718 |
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 | 195.890 % | £205,684 | £310,684 |
| 3 Month Average | 215.069 % | £225,822 | £330,822 |
| 6 Month Average | 189.833 % | £199,324 | £304,324 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 30 Jul 2015.
The average size of a house on LOWER REAM is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Ream |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lower Ream |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lower Ream |
| Feb 2024 | Other theft | Under investigation | On or near Three Corner Mead |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St James'S Park |