£397,205
This estimated value is based upon the latest sale price for the house of £385,000 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £385,000 | 18 Dec 2023 |
| £245,000 | 22 Jan 2013 |
| £228,000 | 10 Dec 2010 |
| £95,000 | 31 Aug 1999 |
| £75,000 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 907 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 December 2023 the House Price Index for SOMERSET was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £385,000 results in an estimated price of approximately £397,205.
| 18 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £385,000 | £12,205 | £397,205 |
The Postcode Pricing Model uses changes in average sales price within the TA22 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 | -23.077 % | £-88,846 | £296,153 |
| 3 Month Average | -43.654 % | £-168,066 | £216,933 |
| 6 Month Average | -22.451 % | £-86,435 | £298,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £397,205 | £385,000 | 8 HOLLAM DRIVE |
| 24 Nov 2023 | £466,338 | £454,500 | 17 GREAT MEADOW |
| 18 Aug 2023 | £290,235 | £285,000 | 9 AMORY ROAD |
| 7 Aug 2023 | £504,092 | £495,000 | 14 HOLLAM DRIVE |
| 28 Oct 2022 | £177,407 | £178,000 | 24 BARNS CLOSE |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 26 Jul 2010. Using an estimated price of £397,205 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on HOLLAM DRIVE is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B3222 |
| Apr 2024 | Public order | Under investigation | On or near B3222 |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jury Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Great Meadow |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Ruddy Lane |