£277,323
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £225,000 | 21 Feb 2020 |
| £210,000 | 13 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £225,000 results in an estimated price of approximately £277,323.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £225,000 | £52,323 | £277,323 |
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 | 10.967 % | £24,675 | £249,675 |
| 3 Month Average | 14.373 % | £32,338 | £257,338 |
| 6 Month Average | 7.412 % | £16,676 | £241,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £215,000 | £215,000 | 45 ROSEWOOD CLOSE |
| 8 Dec 2023 | £234,712 | £227,500 | 17 ASHCOTT CLOSE |
| 24 Nov 2023 | £266,772 | £260,000 | 21 ROSEWOOD CLOSE |
| 4 Oct 2023 | £296,688 | £289,950 | 38 ROSEWOOD AVENUE |
| 31 Mar 2023 | £289,840 | £285,000 | 33 ROSEWOOD CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Jun 2016. Using an estimated price of £277,323 means this house is valued at £4,201 per sq meter (£390 per sq foot).
The average size of a house on ROSEWOOD CLOSE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Rosewood Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |
| Jun 2024 | Bicycle theft | Awaiting court outcome | On or near Love Lane |