£483,309
This estimated value is based upon the latest sale price for the house of £390,000 on 2 Jul 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£390,000 | 2 Jul 2018 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 £390,000 results in an estimated price of approximately £483,309.
2 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.6 | 23.926 % | £390,000 | £93,309 | £483,309 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | -34.338 % | £-133,918 | £256,081 |
3 Month Average | -17.648 % | £-68,826 | £321,173 |
6 Month Average | 1.789 % | £6,978 | £396,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £388,248 | £382,500 | 15 ROWLEY ROAD |
29 Sep 2023 | £229,940 | £227,000 | 40 ROWLEY ROAD |
15 Sep 2023 | £298,821 | £295,000 | 5 BOVE TOWN GARDENS |
24 Aug 2023 | £365,195 | £362,000 | 45 HIGH STREET |
10 Mar 2023 | £204,426 | £202,500 | 73A HIGH STREET |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 11 Jan 2017. Using an estimated price of £483,310 means this house is valued at £3,379 per sq meter (£313 per sq foot).
The average size of a house on WELLS ROAD is 112 sq meters (1,212 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Butt Close | |
Mar 2024 | Anti-social behaviour | On or near St Edmunds'S Road | |
Mar 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near St Edmunds'S Road |
Jan 2024 | Anti-social behaviour | On or near St Edmunds'S Road | |
Jan 2024 | Anti-social behaviour | On or near St Edmunds'S Road |