£205,564
This estimated value is based upon the latest sale price for the house of £170,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £170,000 | 31 Jul 2020 |
| £155,000 | 1 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2020 the House Price Index for SOMERSET was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £170,000 results in an estimated price of approximately £205,564.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £170,000 | £35,564 | £205,564 |
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 | 161.195 % | £274,032 | £444,032 |
| 3 Month Average | 25.085 % | £42,643 | £212,643 |
| 6 Month Average | 29.095 % | £49,461 | £219,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £160,305 | £157,500 | FLAT 3 29 ESPLANADE |
| 6 Jan 2023 | £159,200 | £159,950 | FLAT 6 ESPLANADE COURT, 33 ESPLANADE |
| 1 Nov 2022 | £187,726 | £190,000 | FLAT 4 ESPLANADE COURT, 33 ESPLANADE |
| 25 Mar 2022 | £191,709 | £185,000 | 21A VICTORIA STREET |
| 1 Mar 2022 | £176,165 | £170,000 | 11 REGENT STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Mar 2016. Using an estimated price of £205,564 means this house is valued at £2,669 per sq meter (£248 per sq foot).
The average size of a house on CHAPEL STREET is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Chapel Street | |
| Feb 2024 | Anti-social behaviour | On or near Chapel Street | |
| Mar 2024 | Theft from the person | Under investigation | On or near College Street |
| Feb 2024 | Shoplifting | Under investigation | On or near College Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near College Street |