£289,142
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Dec 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£230,000 | 18 Dec 2017 |
Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 December 2017 the House Price Index for SOMERSET was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £230,000 results in an estimated price of approximately £289,142.
18 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £230,000 | £59,142 | £289,142 |
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 | 37.575 % | £86,423 | £316,423 |
3 Month Average | 29.724 % | £68,365 | £298,365 |
6 Month Average | 33.414 % | £76,852 | £306,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £329,000 | £329,000 | 30 SOUTHERNLEA ROAD |
15 Dec 2023 | £254,452 | £250,000 | 17 SOUTHERNLEA ROAD |
11 Apr 2023 | £186,003 | £184,000 | 33 SOUTHERNLEA ROAD |
10 Mar 2023 | £242,283 | £240,000 | 10 MEADOWCROFT DRIVE |
20 Jul 2022 | £345,931 | £345,000 | 9 HARBOURNE CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Aug 2017. Using an estimated price of £289,142 means this house is valued at £3,483 per sq meter (£323 per sq foot).
The average size of a house on PALMERS CLOSE is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Southern Lea Road |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Palmers Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckland Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckland Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneleigh Close |