£315,859
This estimated value is based upon the latest sale price for the house of £221,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £221,000 | 7 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2015 the House Price Index for SOMERSET was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £221,000 results in an estimated price of approximately £315,859.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £221,000 | £94,859 | £315,859 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 46.644 % | £103,083 | £324,083 |
| 3 Month Average | 30.394 % | £67,170 | £288,170 |
| 6 Month Average | 38.546 % | £85,187 | £306,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £238,044 | £235,000 | 25 MONKS WAY |
| 26 Jun 2023 | £233,832 | £231,000 | 21 MONKS WAY |
| 23 Jun 2023 | £202,452 | £200,000 | 8 MONKS WAY |
| 2 Jun 2023 | £172,084 | £170,000 | 9 MONKS WAY |
| 24 Feb 2023 | £209,859 | £210,000 | 35 PRIORY GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 May 2015. Using an estimated price of £315,859 means this house is valued at £3,509 per sq meter (£326 per sq foot).
The average size of a house on ABBOTS CLOSE is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Jaycroft Road |
| Mar 2024 | Anti-social behaviour | On or near Oxford Street | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Oxford Street |
| Mar 2024 | Anti-social behaviour | On or near Oxford Street | |
| Mar 2024 | Anti-social behaviour | On or near Oxford Street |