£251,394
This estimated value is based upon the latest sale price for the house of £67,950 on 4 Aug 2000. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£67,950 | 4 Aug 2000 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 2000 the House Price Index for SOMERSET was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £67,950 results in an estimated price of approximately £251,394.
4 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £67,950 | £183,444 | £251,394 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 172.226 % | £117,027 | £184,977 |
3 Month Average | 148.330 % | £100,790 | £168,740 |
6 Month Average | 188.108 % | £127,819 | £195,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £182,000 | £182,000 | 18 CHEDDON MEWS |
24 Aug 2023 | £292,559 | £290,000 | 17 COLIN AVENUE |
24 Mar 2023 | £252,378 | £250,000 | 14 COLIN AVENUE |
17 Feb 2023 | £209,859 | £210,000 | 10 CHEDDON MEWS |
27 Jan 2023 | £393,148 | £395,000 | ELYSIUM ST GEORGES AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Apr 2018. Using an estimated price of £251,395 means this house is valued at £4,570 per sq meter (£424 per sq foot).
The average size of a house on CHEDDON ROAD is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddon Mews |
Feb 2024 | Burglary | Under investigation | On or near Colin Avenue |