£296,673
This estimated value is based upon the latest sale price for the house of £240,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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Price Paid | Date |
---|---|
£240,000 | 3 May 2019 |
£173,000 | 6 Jan 2007 |
£173,000 | 6 Jan 2006 |
£162,950 | 10 Jun 2004 |
£157,950 | 16 May 2003 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2019 the House Price Index for NORTH SOMERSET was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £240,000 results in an estimated price of approximately £296,673.
3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £240,000 | £56,673 | £296,673 |
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 | 34.988 % | £83,971 | £323,971 |
3 Month Average | 15.408 % | £36,979 | £276,979 |
6 Month Average | 26.454 % | £63,489 | £303,489 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £172,555 | £170,000 | 103 LONGRIDGE WAY |
27 Sep 2023 | £273,497 | £270,000 | 4 LAW GROVE |
9 Aug 2023 | £262,295 | £260,000 | 102 LONGRIDGE WAY |
1 Jul 2022 | £260,652 | £259,950 | 5 DORMEADS VIEW |
15 Jun 2022 | £245,469 | £242,000 | 6 DORMEADS VIEW |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Jul 2012. Using an estimated price of £296,673 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on DORMEADS VIEW is 86 sq meters (930 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dormeads View |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dormeads View |
Jan 2024 | Anti-social behaviour | On or near Dormeads View | |
Jan 2024 | Anti-social behaviour | On or near Dormeads View | |
Jan 2024 | Anti-social behaviour | On or near Dormeads View |