5, WESLEY CLOSE, BREAN, BURNHAM-ON-SEA, TA8 2RX - £207,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WESLEY CLOSE is a detached house, which could now be worth an estimated £325,834. It was last sold for £207,000 in March 2007, which was around 29% below the average March 2007 detached price in the Somerset local authority area.

5 WESLEY CLOSE Sold Prices

Land registry data shows two sales for 5 WESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 5 WESLEY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 30 MAR	£207,000	£291,172	29% below HPI
1995 27 OCT	£58,500	£87,148	33% below HPI

What might 5 WESLEY CLOSE be worth now?

5 WESLEY CLOSE might now be worth an estimated £325,834.

This is based on house price inflation of 57.4%, between March 2007 and May 2026, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.4% inflationary increase is applied to the most recent sale price for 5 WESLEY CLOSE of £207,000 on 30th March 2007. For the value to have increased from £207,000 to £325,834 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 WESLEY CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The March 2007 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WESLEY CLOSE has not materially changed since March 2007.

Where is 5 WESLEY CLOSE?

5 WESLEY CLOSE is located in BREAN, in the TA8 postcode district.