£228,787
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Oct 2009. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Oct 2009 |
| £158,000 | 5 Oct 2005 |
| £60,000 | 28 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,276 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 October 2009 the House Price Index for SOMERSET was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £130,000 results in an estimated price of approximately £228,787.
| 28 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £130,000 | £98,787 | £228,787 |
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 | 77.960 % | £101,348 | £231,348 |
| 3 Month Average | 61.616 % | £80,100 | £210,100 |
| 6 Month Average | 71.185 % | £92,540 | £222,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 3 17 ESPLANADE |
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 1 17 ESPLANADE |
| 23 Aug 2023 | £176,544 | £175,000 | 1A CROSS STREET |
| 8 Aug 2023 | £166,456 | £165,000 | 8A SOUTH STREET |
| 24 Feb 2022 | £183,522 | £175,000 | 13C ESPLANADE |
This house has a floor area of 118 sq meters or 1,276 sq feet when measured on 8 Oct 2008. Using an estimated price of £228,787 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on ESPLANADE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near John Street |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near John Street |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near John Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Cottage Row |