£308,961
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£250,000 | 6 Dec 2019 |
£219,950 | 23 Jan 2015 |
£135,000 | 28 Sep 2001 |
Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 December 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £250,000 results in an estimated price of approximately £308,961.
6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £250,000 | £58,961 | £308,961 |
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 | -0.592 % | £-1,480 | £248,519 |
3 Month Average | 6.751 % | £16,878 | £266,878 |
6 Month Average | 7.185 % | £17,963 | £267,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £326,544 | £320,000 | 115 STODDENS ROAD |
26 Jun 2023 | £459,202 | £450,000 | 4 STONELEIGH CLOSE |
17 Jan 2023 | £300,804 | £300,000 | 29 RECTORY DRIVE |
11 Nov 2022 | £358,324 | £360,000 | 7 WESTMERE CRESCENT |
2 Sep 2022 | £182,878 | £183,000 | FLAT 9 121 STODDENS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 May 2014. Using an estimated price of £308,961 means this house is valued at £3,814 per sq meter (£354 per sq foot).
The average size of a house on RECTORY PLACE is 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Stoneleigh Close |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Stoneleigh Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Knoll View |
Apr 2024 | Other theft | Under investigation | On or near Knoll View |
Jul 2024 | Burglary | Under investigation | On or near Marwood Close |