£416,569
This estimated value is based upon the latest sale price for the house of £241,000 on 19 Aug 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £241,000 | 19 Aug 2011 |
| £265,000 | 17 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,464 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 August 2011 the House Price Index for SOMERSET was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £241,000 results in an estimated price of approximately £416,569.
| 19 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £241,000 | £175,569 | £416,569 |
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 | 134.695 % | £324,614 | £565,614 |
| 3 Month Average | 65.967 % | £158,980 | £399,980 |
| 6 Month Average | 52.129 % | £125,630 | £366,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £205,769 | £203,000 | 56 MEREVALE WAY |
| 3 Apr 2023 | £220,373 | £218,000 | 83 MEREVALE WAY |
| 13 Jan 2023 | £278,687 | £280,000 | 9 MEREVALE WAY |
| 24 Nov 2022 | £271,906 | £275,200 | 2 DORE CLOSE |
| 31 Aug 2022 | £137,131 | £137,500 | 107 MEREVALE WAY |
This house has a floor area of 136 sq meters or 1,464 sq feet when measured on 7 Oct 2010. Using an estimated price of £416,569 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on MEREVALE WAY is 90 sq meters (971 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,464 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Merevale Way | |
| Dec 2023 | Anti-social behaviour | On or near Merevale Way | |
| Dec 2023 | Anti-social behaviour | On or near Merevale Way | |
| Dec 2023 | Anti-social behaviour | On or near Merevale Way | |
| Jan 2024 | Anti-social behaviour | On or near Poplar Drive |