£156,250
This estimated value is based upon the latest sale price for the house of £145,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £145,000 | 17 Sep 2021 |
| £110,000 | 27 Jul 2015 |
| £125,000 | 24 Aug 2007 |
| £85,000 | 18 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 September 2021 the House Price Index for SOMERSET was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £145,000 results in an estimated price of approximately £156,250.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £145,000 | £11,250 | £156,250 |
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 | 24.341 % | £35,294 | £180,294 |
| 3 Month Average | 14.135 % | £20,495 | £165,495 |
| 6 Month Average | 10.316 % | £14,958 | £159,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £184,738 | £182,500 | FLAT 1 6 SEAVIEW ROAD |
| 21 Jun 2023 | £206,501 | £204,000 | FLAT 5 BURLINGTON COURT ESPLANADE |
| 24 Mar 2023 | £186,760 | £185,000 | FLAT 1 BAY COURT, 64 ESPLANADE |
| 22 Jul 2022 | £601,619 | £600,000 | THE ROUND TOWER GUEST HOUSE, 41 ESPLANADE |
| 5 May 2022 | £109,564 | £107,500 | 67B ESPLANADE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Jun 2012. Using an estimated price of £156,251 means this house is valued at £2,332 per sq meter (£216 per sq foot).
The average size of a house on ESPLANADE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Drive |
| Mar 2024 | Anti-social behaviour | On or near Hall Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Hall Terrace |