£291,204
This estimated value is based upon the latest sale price for the house of £240,000 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £240,000 | 19 Mar 2020 |
| £220,000 | 5 Dec 2016 |
| £169,500 | 28 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2020 the House Price Index for SOMERSET was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £240,000 results in an estimated price of approximately £291,204.
| 19 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £240,000 | £51,204 | £291,204 |
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 | 8.771 % | £21,049 | £261,049 |
| 3 Month Average | 16.073 % | £38,575 | £278,575 |
| 6 Month Average | 9.222 % | £22,131 | £262,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £266,088 | £262,000 | 21 MARGARET CRESCENT |
| 9 Oct 2023 | £378,599 | £370,000 | THE LODGE STEART DRIVE |
| 22 Jul 2022 | £315,158 | £312,000 | 95 MAPLE DRIVE |
| 4 Jul 2022 | £298,036 | £295,050 | 70 MAPLE DRIVE |
| 20 Apr 2022 | £272,323 | £262,500 | 17 STEART AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Oct 2016. Using an estimated price of £291,205 means this house is valued at £3,733 per sq meter (£346 per sq foot).
The average size of a house on MARGARET CRESCENT is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Margaret Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Crescent |