£235,055
This estimated value is based upon the latest sale price for the house of £137,000 on 2 Aug 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £137,000 | 2 Aug 2012 |
| £151,000 | 11 Apr 2007 |
| £119,950 | 23 Feb 2004 |
| £57,950 | 31 May 2000 |
| £40,250 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 629 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 2012 the House Price Index for SOMERSET was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £137,000 results in an estimated price of approximately £235,055.
| 2 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £137,000 | £98,055 | £235,055 |
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 | 31.335 % | £42,928 | £179,928 |
| 3 Month Average | 43.386 % | £59,438 | £196,438 |
| 6 Month Average | 43.167 % | £59,138 | £196,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £243,745 | £240,000 | 4 FRASER CLOSE |
| 21 Apr 2023 | £179,355 | £176,000 | 35 CUNNINGHAM ROAD |
| 3 Mar 2023 | £217,635 | £214,000 | 2 GRENVILLE ROAD |
| 24 Nov 2022 | £223,953 | £225,000 | 7 FRASER CLOSE |
| 25 Jul 2022 | £217,176 | £215,000 | 11 FRASER CLOSE |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 25 Jan 2012. Using an estimated price of £235,055 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on FRASER CLOSE is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Dewar Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Raleigh Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raleigh Gardens |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Madden Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Hawkins Close |