£223,044
This estimated value is based upon the latest sale price for the house of £64,000 on 14 Mar 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £64,000 | 14 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2001 the House Price Index for SOMERSET was 42.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 248.507%.Applying this 248.507% change to the original purchase price of £64,000 results in an estimated price of approximately £223,044.
| 14 Mar 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.0 | 248.507 % | £64,000 | £159,044 | £223,044 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | 218.115 % | £139,593 | £203,593 |
| 3 Month Average | 188.029 % | £120,338 | £184,338 |
| 6 Month Average | 163.270 % | £104,492 | £168,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £163,324 | £162,000 | 30 SOUTHMEAD CRESCENT |
| 26 Apr 2023 | £193,941 | £192,500 | 26 RHYDDERCH WAY |
| 10 Mar 2023 | £180,978 | £180,000 | 22 SOUTHMEAD CRESCENT |
| 25 Nov 2022 | £210,585 | £214,000 | 4 SOUTHMEAD TERRACE |
| 7 Jun 2022 | £275,290 | £272,500 | 165 PARK VIEW |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Oct 2019. Using an estimated price of £223,044 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on SOUTHMEAD CRESCENT is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Southmead Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southmead Crescent |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |