£398,842
This estimated value is based upon the latest sale price for the house of £113,000 on 9 Feb 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £113,000 | 9 Feb 2001 |
| 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 February 2001 the House Price Index for SOMERSET was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £113,000 results in an estimated price of approximately £398,842.
| 9 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £113,000 | £285,842 | £398,842 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | 80.358 % | £90,804 | £203,804 |
| 3 Month Average | 153.182 % | £173,095 | £286,095 |
| 6 Month Average | 190.616 % | £215,396 | £328,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £277,427 | £275,000 | 86 SHARPHAM ROAD |
| 22 Mar 2023 | £309,920 | £307,000 | 6 ASHCOTT CLOSE |
| 24 Feb 2022 | £183,522 | £175,000 | 118 WELLS ROAD |
| 29 Oct 2021 | £261,129 | £236,000 | 9 MERRICK ROAD |
| 30 Jun 2021 | £246,773 | £230,000 | 36 MERRICK ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Jan 2015. Using an estimated price of £398,842 means this house is valued at £5,617 per sq meter (£521 per sq foot).
The average size of a house on MERRICK ROAD is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Shoplifting | Under investigation | On or near Merrick Road |
| Mar 2024 | Other theft | Under investigation | On or near Baily Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Baily Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashcott Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Wells Road |