£364,093
This estimated value is based upon the latest sale price for the house of £130,000 on 5 Jul 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£130,000 | 5 Jul 2002 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 July 2002 the House Price Index for SOMERSET was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £130,000 results in an estimated price of approximately £364,093.
5 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £130,000 | £234,093 | £364,093 |
The Postcode Pricing Model uses changes in average sales price within the BA9 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 | 155.944 % | £202,727 | £332,727 |
3 Month Average | 81.544 % | £106,007 | £236,007 |
6 Month Average | 142.827 % | £185,675 | £315,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £254,452 | £250,000 | 6 THORNWELL WAY |
24 Aug 2023 | £307,187 | £304,500 | 3 COLES CLOSE |
15 Aug 2023 | £320,302 | £317,500 | 12 HOME DRIVE |
28 Oct 2022 | £252,284 | £255,000 | 22 THORNWELL WAY |
31 Mar 2022 | £413,469 | £399,000 | 59 SOUTHGATE DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 4 Dec 2012. Using an estimated price of £364,094 means this house is valued at £3,280 per sq meter (£304 per sq foot).
The average size of a house on HOME DRIVE is 102 sq meters (1,101 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Thornwell Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Thornwell Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornwell Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tything Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tything Way |