£317,145
This estimated value is based upon the latest sale price for the house of £172,500 on 18 Jul 2005. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£172,500 | 18 Jul 2005 |
£136,400 | 13 Dec 2002 |
£109,995 | 28 Sep 2001 |
Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 2005 the House Price Index for SOMERSET was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £172,500 results in an estimated price of approximately £317,145.
18 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £172,500 | £144,645 | £317,145 |
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 | 85.095 % | £146,788 | £319,288 |
3 Month Average | 69.838 % | £120,470 | £292,970 |
6 Month Average | 71.073 % | £122,600 | £295,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2023 | £399,299 | £395,000 | 24 ALDWYCH CLOSE |
31 Mar 2023 | £302,853 | £300,000 | 22 PRIESTLEY WAY |
13 Mar 2023 | £330,110 | £327,000 | 32 PRIESTLEY WAY |
5 Nov 2020 | £359,400 | £310,000 | 29 PRIESTLEY WAY |
9 Apr 2020 | £255,950 | £208,500 | 70 COOKSON CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 31 Aug 2016. Using an estimated price of £317,146 means this house is valued at £3,915 per sq meter (£363 per sq foot).
The average size of a house on PRIESTLEY WAY is 106 sq meters (1,142 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priestley Way |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Priestley Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Priestley Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Priestley Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Priestley Way |