£124,664
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Aug 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Aug 2022 |
| £99,500 | 6 Mar 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 2022 the House Price Index for SOMERSET was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £125,000 results in an estimated price of approximately £124,664.
| 16 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £125,000 | £-335 | £124,664 |
The Postcode Pricing Model uses changes in average sales price within the BA20 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 | -28.598 % | £-35,747 | £89,252 |
| 3 Month Average | -23.806 % | £-29,757 | £95,242 |
| 6 Month Average | -5.605 % | £-7,005 | £117,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £252,225 | £249,000 | 4 BELL CHASE |
| 24 Feb 2023 | £103,930 | £104,000 | FLAT 11 MANHATTAN PRESTON ROAD |
| 16 Aug 2022 | £124,664 | £125,000 | FLAT 19 MANHATTAN PRESTON ROAD |
| 1 Jul 2022 | £426,147 | £425,000 | LITTLE KNAPP HOUSE, 225A PRESTON ROAD |
| 17 Sep 2021 | £140,087 | £130,000 | 27 TITHE COURT |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 27 Mar 2015. Using an estimated price of £124,664 means this house is valued at £3,280 per sq meter (£304 per sq foot).
The average size of a house on PRESTON ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bartletts Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bartletts Place |
| Jan 2024 | Anti-social behaviour | On or near Bartletts Place | |
| Jan 2024 | Anti-social behaviour | On or near Bartletts Place | |
| Jan 2024 | Anti-social behaviour | On or near Bartletts Place |