£189,029
This estimated value is based upon the latest sale price for the house of £153,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £153,000 | 28 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 June 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £153,000 results in an estimated price of approximately £189,029.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £153,000 | £36,029 | £189,029 |
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 | 23.383 % | £35,775 | £188,775 |
| 3 Month Average | 23.583 % | £36,081 | £189,081 |
| 6 Month Average | 16.654 % | £25,480 | £178,480 |
| 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 |
| 28 Jul 2023 | £175,867 | £173,500 | 69 ST MICHAELS ROAD |
| 9 Mar 2023 | £95,399 | £94,500 | 8 FAIRWAY VIEW |
| 16 Aug 2022 | £189,490 | £190,000 | 34 CROMWELL ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Oct 2021. Using an estimated price of £189,030 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on VICTORIA ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Fairway View |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Jan 2024 | Public order | Under investigation | On or near Cromwell Road |