£401,462
This estimated value is based upon the latest sale price for the house of £325,000 on 18 Feb 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £325,000 | 18 Feb 2019 |
| £289,000 | 26 Jul 2017 |
| £288,500 | 20 Sep 2010 |
| £270,000 | 5 Jan 2007 |
| £133,500 | 15 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £325,000 results in an estimated price of approximately £401,462.
| 18 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £325,000 | £76,462 | £401,462 |
The Postcode Pricing Model uses changes in average sales price within the BA22 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 | -30.712 % | £-99,812 | £225,187 |
| 3 Month Average | -22.020 % | £-71,563 | £253,436 |
| 6 Month Average | 10.901 % | £35,428 | £360,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £264,630 | £260,000 | 2 HAWKS RISE |
| 8 Sep 2023 | £334,274 | £330,000 | 24 HIGHMERE |
| 17 Feb 2023 | £149,899 | £150,000 | 19 HAWKS RISE |
| 10 Feb 2023 | £264,822 | £265,000 | 8 HAWKS RISE |
| 6 Sep 2022 | £196,414 | £198,000 | 5 HIGHMERE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 23 Mar 2016. Using an estimated price of £401,462 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on JASMINE CLOSE is 114 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Poppy Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Highmere |