£121,492
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £115,000 | 11 Feb 2022 |
| £78,000 | 15 Mar 2013 |
| £35,000 | 3 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 February 2022 the House Price Index for SOMERSET was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £115,000 results in an estimated price of approximately £121,492.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £115,000 | £6,492 | £121,492 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 28.468 % | £32,737 | £147,737 |
| 3 Month Average | 34.019 % | £39,121 | £154,121 |
| 6 Month Average | 15.011 % | £17,262 | £132,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £149,597 | £145,000 | 1 TOR VIEW COURT SOMERTON ROAD |
| 3 Oct 2023 | £114,603 | £112,000 | 17 TOR VIEW COURT SOMERTON ROAD |
| 15 Sep 2023 | £455,031 | £445,000 | 56 STRODE ROAD |
| 8 Sep 2023 | £163,607 | £160,000 | 36 STRODE ROAD |
| 4 Sep 2023 | £146,959 | £143,719 | 3 HIGH STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 18 Apr 2012. Using an estimated price of £121,493 means this house is valued at £3,283 per sq meter (£305 per sq foot).
The average size of a house on SOMERTON ROAD is 109 sq meters (1,181 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Wessex Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |