£339,933
This estimated value is based upon the latest sale price for the house of £178,000 on 22 Sep 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£178,000 | 22 Sep 2004 |
£127,500 | 20 Sep 2002 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 September 2004 the House Price Index for SOMERSET was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £178,000 results in an estimated price of approximately £339,933.
22 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £178,000 | £161,933 | £339,933 |
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 | 133.251 % | £237,187 | £415,187 |
3 Month Average | 67.615 % | £120,354 | £298,354 |
6 Month Average | 67.086 % | £119,413 | £297,413 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £274,057 | £270,000 | 129 LOWER FAIRMEAD ROAD |
22 Sep 2023 | £222,849 | £220,000 | 107 RUNNYMEDE ROAD |
15 Feb 2023 | £186,874 | £187,000 | 204 LOWER FAIRMEAD ROAD |
8 Apr 2022 | £267,748 | £260,000 | 186 LOWER FAIRMEAD ROAD |
11 Feb 2022 | £310,414 | £296,000 | 57 LOWER FAIRMEAD ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Jan 2014. Using an estimated price of £339,933 means this house is valued at £4,787 per sq meter (£444 per sq foot).
The average size of a house on LOWER FAIRMEAD ROAD is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Fairmead Road |