£223,142
This estimated value is based upon the latest sale price for the house of £177,500 on 14 Dec 2017. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £177,500 | 14 Dec 2017 |
| £131,000 | 16 Apr 2004 |
| £110,950 | 14 Nov 2003 |
| Terraced |
| 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 December 2017 the House Price Index for NORTH SOMERSET was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £177,500 results in an estimated price of approximately £223,142.
| 14 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £177,500 | £45,642 | £223,142 |
The Postcode Pricing Model uses changes in average sales price within the BS24 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 | 15.282 % | £27,124 | £204,624 |
| 3 Month Average | 28.142 % | £49,952 | £227,452 |
| 6 Month Average | 18.089 % | £32,108 | £209,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £268,432 | £265,000 | 4 GRIFFEN ROAD |
| 25 Jul 2023 | £496,685 | £490,000 | 26 STROUD WAY |
| 24 Mar 2023 | £156,979 | £155,500 | 55 GRIFFEN ROAD |
| 30 Nov 2022 | £161,049 | £163,000 | 45 GRIFFEN ROAD |
| 18 Sep 2022 | £276,765 | £279,000 | 15 GRIFFEN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Sep 2017. Using an estimated price of £223,142 means this house is valued at £3,187 per sq meter (£296 per sq foot).
The average size of a house on GRIFFEN ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Griffen Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Worle Moor Road |
| Feb 2024 | Robbery | Under investigation | On or near Walkers Drive |
| Jan 2024 | Drugs | Under investigation | On or near Walkers Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stroud Way |