£274,206
This estimated value is based upon the latest sale price for the house of £175,000 on 1 Feb 2008. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£175,000 | 1 Feb 2008 |
£68,950 | 24 Apr 1998 |
£56,250 | 29 Feb 1996 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 2008 the House Price Index for SOMERSET was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £175,000 results in an estimated price of approximately £274,206.
1 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £175,000 | £99,206 | £274,206 |
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 | 60.252 % | £105,441 | £280,441 |
3 Month Average | 47.877 % | £83,783 | £258,783 |
6 Month Average | 42.663 % | £74,659 | £249,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £282,471 | £280,000 | 20 PALMERS CLOSE |
28 Jun 2023 | £295,580 | £292,000 | 43 PALMERS CLOSE |
4 Apr 2023 | £267,884 | £265,000 | 50 PALMERS CLOSE |
10 Mar 2023 | £242,283 | £240,000 | 10 MEADOWCROFT DRIVE |
1 Jun 2022 | £263,727 | £260,000 | 26 PALMERS CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Aug 2013. Using an estimated price of £274,206 means this house is valued at £3,607 per sq meter (£335 per sq foot).
The average size of a house on PALMERS CLOSE is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Palmers Close |
Apr 2024 | Other theft | Under investigation | On or near Eastleigh Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Eastleigh Close |
Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Southern Lea Road |
Apr 2024 | Drugs | Awaiting court outcome | On or near Stodden'S Lane |