£444,062
This estimated value is based upon the latest sale price for the house of £245,000 on 28 Nov 2005. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £245,000 | 28 Nov 2005 |
| £80,000 | 3 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2005 the House Price Index for SOMERSET was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £245,000 results in an estimated price of approximately £444,062.
| 28 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £245,000 | £199,062 | £444,062 |
The Postcode Pricing Model uses changes in average sales price within the TA22 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 | 25.919 % | £63,501 | £308,501 |
| 3 Month Average | 99.828 % | £244,579 | £489,579 |
| 6 Month Average | 53.835 % | £131,894 | £376,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £174,000 | £174,000 | THE SHIPPEN, DRAYDON COTTAGES DRAYDON FARM |
| 13 Sep 2023 | £164,098 | £162,000 | BYRE COTTAGE |
| 12 Sep 2023 | £395,051 | £390,000 | 2 ASH LANE |
| 19 Jul 2023 | £369,980 | £365,000 | 11 ASH LANE |
| 14 Jul 2023 | £1,246,780 | £1,230,000 | BEECH PARK |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Jul 2016. Using an estimated price of £444,063 means this house is valued at £4,485 per sq meter (£416 per sq foot).
There is one other house on the street which we know the size of, this is 2 OLD ASHWAY it is 83.0