£431,717
This estimated value is based upon the latest sale price for the house of £248,000 on 18 Jul 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near St Mark'S Road
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| Price Paid | Date |
|---|---|
| £248,000 | 18 Jul 2011 |
| £245,000 | 1 Feb 2008 |
| £74,000 | 22 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 July 2011 the House Price Index for SOMERSET was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £248,000 results in an estimated price of approximately £431,717.
| 18 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £248,000 | £183,717 | £431,717 |
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 | 36.503 % | £90,527 | £338,527 |
| 3 Month Average | 48.991 % | £121,498 | £369,498 |
| 6 Month Average | 50.402 % | £124,998 | £372,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £248,000 | £248,000 | 21 ST MARKS ROAD |
| 1 Sep 2023 | £204,508 | £200,000 | 15 WELLS CLOSE |
| 19 Jun 2023 | £270,419 | £265,000 | 15 ST MARKS ROAD |
| 18 Aug 2022 | £316,480 | £315,000 | 20 ST MARKS ROAD |
| 9 Aug 2022 | £241,077 | £239,950 | 56 GLOUCESTER ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 28 Mar 2011. Using an estimated price of £431,717 means this house is valued at £3,294 per sq meter (£306 per sq foot).
The average size of a house on WELLS CLOSE is 106 sq meters (1,142 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near St Mark'S Road |
| Jun 2024 | Possession of weapons | Under investigation | On or near Gloucester Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Winchester Road |