£451,570
This estimated value is based upon the latest sale price for the house of £81,000 on 8 Jul 1996. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£81,000 | 8 Jul 1996 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 July 1996 the House Price Index for NORTH SOMERSET was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £81,000 results in an estimated price of approximately £451,570.
8 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.7 | 148.6 | 457.495 % | £81,000 | £370,570 | £451,570 |
The Postcode Pricing Model uses changes in average sales price within the BS25 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 | 647.009 % | £524,076 | £605,076 |
3 Month Average | 404.775 % | £327,868 | £408,868 |
6 Month Average | 484.121 % | £392,137 | £473,137 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £77,142 | £76,000 | FLAT 21 MENDIP LODGE WOODBOROUGH DRIVE |
15 Nov 2023 | £474,018 | £467,000 | 18 WELL CLOSE |
7 Aug 2023 | £334,930 | £332,000 | 30 MOORHAM ROAD |
21 Jul 2023 | £541,285 | £534,000 | 23 BELMONT ROAD |
1 Apr 2022 | £324,387 | £315,000 | 21 WOODBOROUGH DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Oct 2019. Using an estimated price of £451,571 means this house is valued at £5,789 per sq meter (£537 per sq foot).
The average size of a house on WELL CLOSE is 142 sq meters (1,531 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Homestead Way |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Woodborough Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Feb 2024 | Anti-social behaviour | On or near Belmont Road | |
Feb 2024 | Anti-social behaviour | On or near Belmont Road |