£246,674
This estimated value is based upon the latest sale price for the house of £200,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £200,000 | 26 Jul 2019 |
| £161,000 | 18 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2019 the House Price Index for SOMERSET was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £200,000 results in an estimated price of approximately £246,674.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £200,000 | £46,674 | £246,674 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 40.496 % | £80,991 | £280,991 |
| 3 Month Average | 44.802 % | £89,603 | £289,603 |
| 6 Month Average | 11.890 % | £23,779 | £223,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £225,427 | £223,000 | 28 CORNWALL ROAD |
| 26 Aug 2022 | £136,632 | £137,000 | 33 COOMBE LANE |
| 6 May 2022 | £252,712 | £247,950 | 55A COOMBE LANE |
| 21 Jan 2022 | £246,211 | £233,950 | 36 COOMBE LANE |
| 21 Oct 2021 | £188,101 | £170,000 | 9 WEST SHEPTON |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 5 Jul 2019. Using an estimated price of £246,675 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on CORNWALL ROAD is 80 sq meters (867 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Cornwall Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Cornwall Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Cornwall Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Cornwall Road |
| Jan 2024 | Other theft | Under investigation | On or near Westfield |