£632,020
This estimated value is based upon the latest sale price for the house of £510,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £510,000 | 27 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 July 2018 the House Price Index for SOMERSET was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £510,000 results in an estimated price of approximately £632,020.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £510,000 | £122,020 | £632,020 |
The Postcode Pricing Model uses changes in average sales price within the BS28 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 | -1.130 % | £-5,764 | £504,235 |
| 3 Month Average | 48.109 % | £245,357 | £755,357 |
| 6 Month Average | 19.398 % | £98,929 | £608,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £565,000 | £565,000 | UNDER ELMS PILCORN STREET |
| 5 Dec 2023 | £700,252 | £688,000 | 16 SAXON WAY |
| 5 Jul 2023 | £699,413 | £690,000 | MULLIONS CONNELLY DRIVE |
| 9 Jun 2023 | £804,748 | £795,000 | 7 ORCHARD CLOSE |
| 30 Mar 2023 | £641,039 | £635,000 | 32 ST MEDARD ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 13 Jul 2018. Using an estimated price of £632,020 means this house is valued at £3,830 per sq meter (£355 per sq foot).
The average size of a house on SAXON WAY is 159 sq meters (1,717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Pilcorn Street |
| Jan 2024 | Public order | Under investigation | On or near Gogs Orchard |
| Feb 2024 | Vehicle crime | Under investigation | On or near Gardiners Orchard |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |