£534,321
This estimated value is based upon the latest sale price for the house of £450,000 on 28 Sep 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £450,000 | 28 Sep 2020 |
| £399,000 | 3 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 September 2020 the House Price Index for SOMERSET was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £450,000 results in an estimated price of approximately £534,321.
| 28 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £450,000 | £84,321 | £534,321 |
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 | 67.866 % | £305,397 | £755,397 |
| 3 Month Average | 15.339 % | £69,026 | £519,026 |
| 6 Month Average | 15.082 % | £67,868 | £517,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £496,346 | £490,000 | 4 EMLETTS WAY |
| 29 Sep 2023 | £141,813 | £140,000 | 68 SHREWSBURY ROAD |
| 28 Sep 2023 | £450,763 | £445,000 | 8 EMLETTS WAY |
| 7 Aug 2023 | £123,581 | £122,500 | 74 SHREWSBURY ROAD |
| 30 Jun 2023 | £417,558 | £412,500 | 24 SOUTHFIELD DRIVE |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 14 Jun 2016. Using an estimated price of £534,322 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on SOUTHFIELD DRIVE is 168 sq meters (1,809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Emletts Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcross Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcross Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Monk Barton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Higher Eastern Hill |