£312,733
This estimated value is based upon the latest sale price for the house of £205,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£205,000 | 7 Aug 2014 |
£75,950 | 18 Aug 1997 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 August 2014 the House Price Index for SOMERSET was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £205,000 results in an estimated price of approximately £312,733.
7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £205,000 | £107,733 | £312,733 |
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 | 33.158 % | £67,973 | £272,973 |
3 Month Average | 42.121 % | £86,348 | £291,348 |
6 Month Average | 44.871 % | £91,984 | £296,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £368,366 | £360,000 | 17 HOME DRIVE |
11 Aug 2023 | £310,602 | £305,000 | 36 CEDAR GROVE |
10 Jan 2023 | £335,898 | £335,000 | 21 HOME DRIVE |
22 Jul 2022 | £371,725 | £368,000 | 23 HOME DRIVE |
24 Jun 2022 | £311,662 | £305,000 | 15 CEDAR GROVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Aug 2013. Using an estimated price of £312,733 means this house is valued at £3,362 per sq meter (£312 per sq foot).
The average size of a house on BURROUGHES AVENUE is 103 sq meters (1,117 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Home Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Home Drive |
Jul 2024 | Public order | Under investigation | On or near Home Drive |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Home Drive |
May 2024 | Other crime | Under investigation | On or near Burroughes Avenue |