£539,425
This estimated value is based upon the latest sale price for the house of £470,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £470,000 | 4 Dec 2020 |
| £217,500 | 20 Nov 2002 |
| £137,500 | 10 Nov 1998 |
| £86,200 | 9 May 1995 |
| Terraced |
| Freehold |
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 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £470,000 results in an estimated price of approximately £539,425.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £470,000 | £69,425 | £539,425 |
The Postcode Pricing Model uses changes in average sales price within the BA5 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 | -11.130 % | £-52,311 | £417,688 |
| 3 Month Average | 21.831 % | £102,607 | £572,607 |
| 6 Month Average | 11.993 % | £56,369 | £526,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £353,089 | £350,000 | 29 ST THOMAS STREET |
| 21 Apr 2023 | £592,378 | £586,000 | 3 NORTH GROVE |
| 11 Apr 2023 | £265,357 | £262,500 | 42 ST THOMAS STREET |
| 20 Jan 2023 | £124,414 | £125,000 | FLAT 3 74 ST THOMAS STREET |
| 15 Aug 2022 | £249,329 | £250,000 | 53 ST THOMAS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near St Thomas Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lorne Place |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Millers Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millers Gardens |
| Jan 2024 | Other theft | Under investigation | On or near St Thomas Mews |