£212,433
This estimated value is based upon the latest sale price for the house of £205,000 on 1 Mar 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£205,000 | 1 Mar 2022 |
£200,000 | 25 Sep 2015 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 March 2022 the House Price Index for SOMERSET was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £205,000 results in an estimated price of approximately £212,433.
1 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £205,000 | £7,433 | £212,433 |
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 | 60.556 % | £124,140 | £329,140 |
3 Month Average | 15.995 % | £32,790 | £237,790 |
6 Month Average | 9.887 % | £20,268 | £225,268 |
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 |
6 Jan 2023 | £219,964 | £221,000 | 127 GREAT MEAD |
20 Oct 2022 | £139,498 | £141,000 | 78 NELSON WAY |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 18 Feb 2015. Using an estimated price of £212,434 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on GREAT MEAD is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Mead |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Mead |
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 | Public order | Under investigation | On or near Nelson Way |