£78,881
This estimated value is based upon the latest sale price for the house of £45,000 on 24 Apr 2006. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £45,000 | 24 Apr 2006 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2006 the House Price Index for SOMERSET was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £45,000 results in an estimated price of approximately £78,881.
| 24 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.6 | 75.293 % | £45,000 | £33,881 | £78,881 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 120.140 % | £54,063 | £99,063 |
| 3 Month Average | 67.536 % | £30,391 | £75,391 |
| 6 Month Average | 57.819 % | £26,018 | £71,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £193,384 | £190,000 | 67 LILLIANA WAY |
| 16 Jun 2023 | £242,943 | £240,000 | 79 LILLIANA WAY |
| 11 Jul 2022 | £225,607 | £225,000 | 2 ASHFORD CLOSE |
| 14 Apr 2022 | £247,152 | £240,000 | 7 OLIVE WAY |
| 20 Dec 2021 | £224,989 | £210,000 | 24 LILLIANA WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Apr 2015. Using an estimated price of £78,882 means this house is valued at £896 per sq meter (£83 per sq foot).
The average size of a house on RHODE LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millwood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millwood Close |
| Feb 2024 | Anti-social behaviour | On or near Octavia Close | |
| Feb 2024 | Anti-social behaviour | On or near Octavia Close | |
| Feb 2024 | Public order | Under investigation | On or near Daws Close |