£251,396
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £205,000 | 15 Oct 2019 |
| £95,000 | 26 Mar 2007 |
| £69,500 | 14 Sep 2000 |
| £53,000 | 23 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in October 2019 the House Price Index for NORTH SOMERSET was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £205,000 results in an estimated price of approximately £251,396.
| 15 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £205,000 | £46,396 | £251,396 |
The Postcode Pricing Model uses changes in average sales price within the BS22 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 | 11.714 % | £24,013 | £229,013 |
| 3 Month Average | 16.977 % | £34,803 | £239,803 |
| 6 Month Average | 18.575 % | £38,078 | £243,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £272,383 | £270,000 | 105 VERBENA WAY |
| 23 Jun 2023 | £293,556 | £290,000 | 12 LIME CLOSE |
| 17 Feb 2023 | £224,849 | £225,000 | 51 VERBENA WAY |
| 8 Feb 2023 | £234,842 | £235,000 | 33 LIME CLOSE |
| 22 Aug 2022 | £260,299 | £261,000 | 53 VERBENA WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 30 Sep 2013. Using an estimated price of £251,396 means this house is valued at £2,565 per sq meter (£238 per sq foot).
The average size of a house on VERBENA WAY is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Almond Close |
| Mar 2024 | Public order | Under investigation | On or near Almond Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almond Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Almond Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Almond Close |