£304,910
This estimated value is based upon the latest sale price for the house of £245,000 on 11 Mar 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £245,000 | 11 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £245,000 results in an estimated price of approximately £304,910.
| 11 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £245,000 | £59,910 | £304,910 |
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 | 27.695 % | £67,853 | £312,853 |
| 3 Month Average | 11.523 % | £28,231 | £273,231 |
| 6 Month Average | 12.408 % | £30,399 | £275,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £307,814 | £300,000 | 24 WOODFIELD CLOSE |
| 26 Jun 2023 | £352,055 | £345,000 | 3 WOODFIELD CLOSE |
| 24 Apr 2023 | £402,529 | £395,000 | 24 ALDWYCH CLOSE |
| 13 Mar 2023 | £332,554 | £327,000 | 32 PRIESTLEY WAY |
| 1 Dec 2021 | £310,301 | £287,500 | 6 ALDWYCH CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 15 Aug 2018. Using an estimated price of £304,911 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on WOODFIELD CLOSE is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Priestley Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Priestley Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |