£320,256
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Mar 2006. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£180,000 | 24 Mar 2006 |
£113,000 | 13 Sep 2001 |
£90,995 | 27 Aug 1999 |
Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 2006 the House Price Index for SOMERSET was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £180,000 results in an estimated price of approximately £320,256.
24 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 149.7 | 77.920 % | £180,000 | £140,256 | £320,256 |
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 | 30.561 % | £55,009 | £235,009 |
3 Month Average | 38.778 % | £69,800 | £249,800 |
6 Month Average | 40.120 % | £72,215 | £252,215 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2023 | £402,529 | £395,000 | 24 ALDWYCH CLOSE |
31 Mar 2023 | £305,095 | £300,000 | 22 PRIESTLEY WAY |
13 Mar 2023 | £332,554 | £327,000 | 32 PRIESTLEY WAY |
5 Nov 2020 | £362,060 | £310,000 | 29 PRIESTLEY WAY |
9 Apr 2020 | £257,845 | £208,500 | 70 COOKSON CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 May 2017. Using an estimated price of £320,257 means this house is valued at £3,723 per sq meter (£345 per sq foot).
The average size of a house on PRIESTLEY WAY is 106 sq meters (1,142 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 | Burglary | Under investigation | On or near Hooper Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hooper Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hooper Close |