£343,088
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Jan 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 271 sq meters or 2,917 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 January 2016 the House Price Index for SOMERSET was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £250,000 results in an estimated price of approximately £343,088.
| 4 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £250,000 | £93,088 | £343,088 |
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 | 65.427 % | £163,567 | £413,567 |
| 3 Month Average | 28.400 % | £71,000 | £321,000 |
| 6 Month Average | 36.423 % | £91,058 | £341,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 1 17 ESPLANADE |
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 3 17 ESPLANADE |
| 23 Aug 2023 | £176,544 | £175,000 | 1A CROSS STREET |
| 8 Aug 2023 | £166,456 | £165,000 | 8A SOUTH STREET |
| 21 Oct 2022 | £12,862 | £13,000 | 31 HIGH STREET |
This house has a floor area of 271 sq meters or 2,917 sq feet when measured on 14 Sep 2015. Using an estimated price of £343,089 means this house is valued at £1,266 per sq meter (£117 per sq foot).
The average size of a house on ESPLANADE is 88 sq meters (949 sq feet).
This house is the largest in the street with a floor area of 271 sq meters (2,917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Jan 2024 | Anti-social behaviour | On or near South Street | |
| Jan 2024 | Anti-social behaviour | On or near South Street | |
| Jan 2024 | Anti-social behaviour | On or near South Street |