£260,955
This estimated value is based upon the latest sale price for the house of £196,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £196,000 | 5 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2016 the House Price Index for SOMERSET was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £196,000 results in an estimated price of approximately £260,955.
| 5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £196,000 | £64,955 | £260,955 |
The Postcode Pricing Model uses changes in average sales price within the TA16 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 | 214.763 % | £420,936 | £616,936 |
| 3 Month Average | 161.603 % | £316,742 | £512,742 |
| 6 Month Average | 4.722 % | £9,254 | £205,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £272,383 | £270,000 | 11 MANOR DRIVE |
| 7 Jul 2023 | £271,656 | £268,000 | 2 THE CLOSE |
| 11 Apr 2023 | £267,884 | £265,000 | 12 MANOR DRIVE |
| 21 Feb 2023 | £414,721 | £415,000 | THE FIRS GOUGH CLOSE |
| 21 Feb 2023 | £298,399 | £298,600 | 6 GREYS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Jan 2016. Using an estimated price of £260,956 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on MANOR DRIVE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hitchen |
| Mar 2024 | Other theft | Under investigation | On or near Old Hitchen |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lower Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lower Street |