£445,486
This estimated value is based upon the latest sale price for the house of £353,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £353,000 | 20 Oct 2017 |
| £360,000 | 8 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 October 2017 the House Price Index for SOMERSET was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £353,000 results in an estimated price of approximately £445,486.
| 20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £353,000 | £92,486 | £445,486 |
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 | 80.961 % | £285,794 | £638,794 |
| 3 Month Average | 41.656 % | £147,045 | £500,045 |
| 6 Month Average | 26.639 % | £94,036 | £447,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £187,780 | £185,000 | 31 RALEIGH ROAD |
| 22 Aug 2023 | £302,648 | £300,000 | 47 RALEIGH ROAD |
| 28 Apr 2023 | £118,779 | £117,500 | 69 COLLINGWOOD ROAD |
| 6 Mar 2023 | £262,473 | £260,000 | 72 GREAT MEAD |
| 1 Mar 2023 | £121,141 | £120,000 | 34 COLLINGWOOD ROAD |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 11 Dec 2014. Using an estimated price of £445,486 means this house is valued at £2,043 per sq meter (£189 per sq foot).
The average size of a house on GREAT MEAD is 83 sq meters (896 sq feet).
This house is the largest in the street with a floor area of 218 sq meters (2,346 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Under investigation | On or near Great Mead |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Raleigh Road |
| Mar 2024 | Other crime | Under investigation | On or near Collingwood Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Collingwood Road |