£184,431
This estimated value is based upon the latest sale price for the house of £130,000 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£130,000 | 18 Sep 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2015 the House Price Index for SOMERSET was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £130,000 results in an estimated price of approximately £184,431.
18 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £130,000 | £54,431 | £184,431 |
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 | 115.127 % | £149,665 | £279,665 |
3 Month Average | 58.852 % | £76,507 | £206,507 |
6 Month Average | 41.904 % | £54,475 | £184,475 |
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 68 sq meters or 731 sq feet when measured on 20 Aug 2015. Using an estimated price of £184,432 means this house is valued at £2,712 per sq meter (£251 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Way |