£521,239
This estimated value is based upon the latest sale price for the house of £425,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £425,000 | 8 Nov 2019 |
| £350,000 | 10 Nov 2016 |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2019 the House Price Index for SOMERSET was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £425,000 results in an estimated price of approximately £521,239.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £425,000 | £96,239 | £521,239 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 91.282 % | £387,949 | £812,949 |
| 3 Month Average | 28.235 % | £120,000 | £545,000 |
| 6 Month Average | 21.695 % | £92,205 | £517,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £116,489 | £115,000 | FLAT 2 MANHATTAN PRESTON ROAD |
| 30 Jan 2023 | £542,445 | £545,000 | 8 WEST PARK |
| 17 Jan 2023 | £109,484 | £110,000 | FLAT 18 MANHATTAN PRESTON ROAD |
| 29 Apr 2022 | £291,433 | £283,000 | 45 PRESTON ROAD |
| 8 Apr 2022 | £504,602 | £490,000 | 63 THE PARK |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 28 Jul 2016. Using an estimated price of £521,239 means this house is valued at £4,871 per sq meter (£452 per sq foot).
The average size of a house on PRESTON ROAD is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grove Avenue |
| Apr 2024 | Anti-social behaviour | On or near Grove Avenue | |
| Apr 2024 | Public order | Under investigation | On or near Grove Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parcroft Gardens |
| Jan 2024 | Anti-social behaviour | On or near Parcroft Gardens |