£500,635
This estimated value is based upon the latest sale price for the house of £405,000 on 8 May 2019. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£405,000 | 8 May 2019 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 May 2019 the House Price Index for NORTH SOMERSET was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £405,000 results in an estimated price of approximately £500,635.
8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £405,000 | £95,635 | £500,635 |
The Postcode Pricing Model uses changes in average sales price within the BS21 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 | 27.801 % | £112,592 | £517,592 |
3 Month Average | 27.961 % | £113,242 | £518,242 |
6 Month Average | 25.326 % | £102,568 | £507,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £537,231 | £530,000 | 4 ASH GROVE |
7 Jul 2023 | £704,482 | £695,000 | 25 CHESTNUT GROVE |
30 Jun 2023 | £587,112 | £580,000 | 14 ASH GROVE |
29 Jun 2023 | £587,112 | £580,000 | 45 ASH GROVE |
8 Mar 2023 | £580,469 | £575,000 | 15 CHESTNUT GROVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 26 Sep 2018. Using an estimated price of £500,636 means this house is valued at £4,278 per sq meter (£397 per sq foot).
The average size of a house on CHESTNUT GROVE is 139 sq meters (1,505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ash Grove |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Rippleside Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Rippleside Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Rippleside Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Rippleside Road |