£348,297
This estimated value is based upon the latest sale price for the house of £279,995 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£279,995 | 1 Jun 2018 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 June 2018 the House Price Index for SOMERSET was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £279,995 results in an estimated price of approximately £348,297.
1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £279,995 | £68,302 | £348,297 |
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 | 36.683 % | £102,710 | £382,705 |
3 Month Average | 31.341 % | £87,753 | £367,748 |
6 Month Average | 19.599 % | £54,875 | £334,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £116,569 | £115,000 | FLAT 5 BENBOW HOUSE GREAT MEAD |
17 Feb 2023 | £369,751 | £370,000 | 8 MALLORY ROAD |
16 Jan 2023 | £218,969 | £220,000 | 121 GREAT MEAD |
9 Jan 2023 | £213,494 | £214,500 | 101 SHACKLETON ROAD |
6 Jan 2023 | £219,964 | £221,000 | 127 GREAT MEAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 8 May 2018. Using an estimated price of £348,298 means this house is valued at £3,109 per sq meter (£288 per sq foot).
The average size of a house on MALLORY ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallory Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallory Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Mead |