£321,209
This estimated value is based upon the latest sale price for the house of £297,000 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £297,000 | 24 Nov 2021 |
| £250,000 | 21 Oct 2016 |
| £127,000 | 16 Jan 2015 |
| £50,000 | 27 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2021 the House Price Index for SOMERSET was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £297,000 results in an estimated price of approximately £321,209.
| 24 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £297,000 | £24,209 | £321,209 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | -42.634 % | £-126,622 | £170,377 |
| 3 Month Average | -6.972 % | £-20,706 | £276,293 |
| 6 Month Average | -8.547 % | £-25,385 | £271,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £327,500 | £327,500 | 6 CRANHILL ROAD |
| 24 Mar 2023 | £344,243 | £341,000 | 26 CRANHILL ROAD |
| 10 Mar 2023 | £184,740 | £183,000 | 19 CRANHILL ROAD |
| 20 Jul 2022 | £340,918 | £340,000 | 70 ORCHARD ROAD |
| 19 Apr 2022 | £88,563 | £86,000 | FLAT 16 ORCHARD COURT ORCHARD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Jun 2016. Using an estimated price of £321,210 means this house is valued at £3,417 per sq meter (£317 per sq foot).
The average size of a house on CRANHILL ROAD is 110 sq meters (1,191 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |