£346,054
This estimated value is based upon the latest sale price for the house of £323,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£323,000 | 20 Dec 2021 |
£285,000 | 1 Feb 2010 |
£185,000 | 15 Aug 2003 |
£79,000 | 16 Jul 1999 |
Detached |
Freehold |
Floor Area: 72 sq meters or 785 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 December 2021 the House Price Index for SOMERSET was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £323,000 results in an estimated price of approximately £346,054.
20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £323,000 | £23,054 | £346,054 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | -15.679 % | £-50,642 | £272,357 |
3 Month Average | -17.772 % | £-57,404 | £265,595 |
6 Month Average | 30.316 % | £97,921 | £420,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £421,236 | £415,000 | EVELEIGH THE HAYES |
21 Mar 2023 | £504,755 | £500,000 | ROWANS THE HAYES |
10 Mar 2023 | £287,711 | £285,000 | 12 GREENHAYES |
24 Feb 2023 | £654,560 | £655,000 | BRECON THE HAYES |
10 Feb 2022 | £608,243 | £580,000 | THE OLD POLICE HOUSE NORVILLE LANE |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 23 Nov 2009. Using an estimated price of £346,055 means this house is valued at £4,742 per sq meter (£440 per sq foot).
The average size of a house on SOUTHFIELD is 107 sq meters (1,161 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Southfield |
Mar 2024 | Bicycle theft | Under investigation | On or near Greenhayes |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Comer Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Comer Road |
Mar 2024 | Other theft | Under investigation | On or near Ashey Lane |