£249,542
This estimated value is based upon the latest sale price for the house of £202,500 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £202,500 | 2 Oct 2018 |
| £60,950 | 26 May 1998 |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2018 the House Price Index for NORTH SOMERSET was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £202,500 results in an estimated price of approximately £249,542.
| 2 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £202,500 | £47,042 | £249,542 |
The Postcode Pricing Model uses changes in average sales price within the BS22 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 | 0.491 % | £995 | £203,495 |
| 3 Month Average | 16.794 % | £34,008 | £236,508 |
| 6 Month Average | 26.529 % | £53,722 | £256,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £226,395 | £223,500 | 66 PENNYCRESS |
| 8 Sep 2023 | £283,626 | £280,000 | 21 THE SWALLOWS |
| 21 Jul 2023 | £233,138 | £230,000 | 10 CHARLOCK ROAD |
| 29 Jun 2022 | £136,935 | £135,000 | 60 PENNYCRESS |
| 21 Sep 2021 | £288,795 | £268,000 | 38 PENNYCRESS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Jun 2018. Using an estimated price of £249,543 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on CHARLOCK ROAD is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennycress |
| Jan 2024 | Anti-social behaviour | On or near Pennycress | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennycress |