£1,070,326
This estimated value is based upon the latest sale price for the house of £330,000 on 1 Oct 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £330,000 | 1 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 233 sq meters or 2,507 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 October 2001 the House Price Index for SOMERSET was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £330,000 results in an estimated price of approximately £1,070,326.
| 1 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £330,000 | £740,326 | £1,070,326 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 195.829 % | £646,235 | £976,235 |
| 3 Month Average | 169.351 % | £558,857 | £888,857 |
| 6 Month Average | 185.475 % | £612,066 | £942,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2022 | £310,837 | £310,000 | 4 REGENCY CLOSE |
| 8 Apr 2022 | £602,432 | £585,000 | 18 ST CHRISTOPHERS WAY |
| 24 Feb 2022 | £540,078 | £515,000 | 20 EDITH CLOSE |
| 9 Dec 2021 | £524,975 | £490,000 | 6 EDITH CLOSE |
| 12 Feb 2021 | £535,823 | £472,000 | 4 GOLF LINKS MEWS |
This house has a floor area of 233 sq meters or 2,507 sq feet when measured on 14 Jul 2012. Using an estimated price of £1,070,326 means this house is valued at £4,593 per sq meter (£426 per sq foot).
There is one other house on the street which we know the size of, this is 3 THE ORCHIDS it is 232.49
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Edith Close |
| Mar 2024 | Anti-social behaviour | On or near Patricia Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patricia Close |
| Mar 2024 | Anti-social behaviour | On or near Patricia Close | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Patricia Close |