£552,534
This estimated value is based upon the latest sale price for the house of £415,000 on 15 Aug 2016. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
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| Price Paid | Date |
|---|---|
| £415,000 | 15 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 August 2016 the House Price Index for NORTH SOMERSET was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £415,000 results in an estimated price of approximately £552,534.
| 15 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £415,000 | £137,534 | £552,534 |
The Postcode Pricing Model uses changes in average sales price within the BS24 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 | 2.200 % | £9,128 | £424,128 |
| 3 Month Average | 27.634 % | £114,681 | £529,681 |
| 6 Month Average | 27.381 % | £113,629 | £528,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £485,495 | £477,000 | 9 PURN ROAD |
| 13 Sep 2023 | £443,166 | £437,500 | 7 PURN LANE |
| 27 Jul 2023 | £592,981 | £585,000 | 17 CHANNEL HEIGHTS |
| 31 Aug 2022 | £762,946 | £765,000 | 32 PURN ROAD |
| 27 Jan 2022 | £541,990 | £515,000 | 2 PURN LANE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 11 Apr 2016. Using an estimated price of £552,534 means this house is valued at £3,587 per sq meter (£333 per sq foot).
The average size of a house on PURN ROAD is 144 sq meters (1,555 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Mendip Edge |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mendip Edge |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bleadon Hill |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bleadon Hill |
| Feb 2024 | Public order | Under investigation | On or near Bleadon Hill |