£302,693
This estimated value is based upon the latest sale price for the house of £158,500 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£158,500 | 3 Sep 2004 |
Terraced |
Freehold |
Floor Area: 123 sq meters or 1,323 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 September 2004 the House Price Index for SOMERSET was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £158,500 results in an estimated price of approximately £302,693.
3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £158,500 | £144,193 | £302,693 |
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 | 45.563 % | £72,218 | £230,718 |
3 Month Average | 58.425 % | £92,603 | £251,103 |
6 Month Average | 61.119 % | £96,873 | £255,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £172,202 | £170,000 | BRYMPTON COTTAGE, 21 VICTORIA ROAD |
28 Jul 2023 | £175,105 | £172,748 | 46 VICTORIA ROAD |
9 Mar 2023 | £95,399 | £94,500 | 8 FAIRWAY VIEW |
31 Jan 2023 | £248,828 | £250,000 | 31 LYDE ROAD |
12 Aug 2022 | £214,423 | £215,000 | 5 VICTORIA ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 10 Jan 2014. Using an estimated price of £302,693 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on VICTORIA ROAD is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Victoria Close |
Jan 2024 | Drugs | Awaiting court outcome | On or near Victoria Close |
Jan 2024 | Drugs | Awaiting court outcome | On or near Victoria Close |
Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Victoria Close |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Victoria Close |