£280,581
This estimated value is based upon the latest sale price for the house of £234,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £234,000 | 28 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2020 the House Price Index for SOMERSET was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £234,000 results in an estimated price of approximately £280,581.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £234,000 | £46,581 | £280,581 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | -13.963 % | £-32,674 | £201,325 |
| 3 Month Average | 16.397 % | £38,370 | £272,370 |
| 6 Month Average | 8.894 % | £20,811 | £254,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £187,277 | £184,000 | 19 TRENT MEADOW |
| 12 Jan 2023 | £298,593 | £300,000 | 20 ILMINSTER ROAD |
| 3 Nov 2022 | £138,324 | £140,000 | 48 BRENDON COURT ILMINSTER ROAD |
| 16 Sep 2022 | £287,677 | £290,000 | 42 DERWENT GROVE |
| 9 Sep 2022 | £404,236 | £407,500 | 28 ILMINSTER ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 May 2020. Using an estimated price of £280,581 means this house is valued at £3,117 per sq meter (£289 per sq foot).
The average size of a house on DERWENT GROVE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Derwent Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Derwent Grove |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Derwent Grove |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Trent Meadow |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Torridge Mead |