£218,666
This estimated value is based upon the latest sale price for the house of £45,750 on 17 Mar 1998. This value is then adjusted by the current Official House Price Index for CITY OF BRISTOL 1
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| Price Paid | Date |
|---|---|
| £45,750 | 17 Mar 1998 |
| £23,750 | 19 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF BRISTOL to estimate the market value.
When this house was purchased in March 1998 the House Price Index for CITY OF BRISTOL was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £45,750 results in an estimated price of approximately £218,666.
| 17 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £45,750 | £172,916 | £218,666 |
The Postcode Pricing Model uses changes in average sales price within the BS3 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 | 542.004 % | £247,966 | £293,716 |
| 3 Month Average | 560.439 % | £256,400 | £302,150 |
| 6 Month Average | 648.377 % | £296,632 | £342,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £380,635 | £375,000 | 68 MALAGO DRIVE |
| 10 Nov 2023 | £371,500 | £366,000 | 67 SOMERMEAD |
| 13 Jul 2023 | £346,159 | £341,500 | 23 SOMERMEAD |
| 1 Jun 2023 | £296,593 | £293,000 | 178 MARKSBURY ROAD |
| 10 Mar 2023 | £317,996 | £315,000 | 64 SOMERMEAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Oct 2021. Using an estimated price of £218,667 means this house is valued at £2,456 per sq meter (£228 per sq foot).
The average size of a house on SOMERMEAD is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Somermead |
| Dec 2023 | Other theft | Under investigation | On or near Somermead |
| Feb 2024 | Vehicle crime | Under investigation | On or near Somer Lane |
| Jan 2024 | Burglary | Under investigation | On or near Somer Lane |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Brixham Road |