£422,762
This estimated value is based upon the latest sale price for the house of £144,000 on 24 May 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £144,000 | 24 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2002 the House Price Index for SOMERSET was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £144,000 results in an estimated price of approximately £422,762.
| 24 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £144,000 | £278,762 | £422,762 |
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 | 94.219 % | £135,675 | £279,675 |
| 3 Month Average | 134.653 % | £193,900 | £337,900 |
| 6 Month Average | 144.145 % | £207,568 | £351,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £382,202 | £372,500 | 39 FINCHES WAY |
| 31 Jan 2023 | £320,857 | £320,000 | 27 SHELLEY DRIVE |
| 25 Jan 2023 | £376,005 | £375,000 | 3 SHELLEY DRIVE |
| 1 Aug 2022 | £537,513 | £535,000 | 43 BRAMBLES ROAD |
| 30 Jun 2022 | £291,225 | £285,000 | 39 BRAMBLES ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 13 May 2015. Using an estimated price of £422,762 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on MAGPIE CLOSE is 128 sq meters (1,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brambles Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brambles Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brambles Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleridge Gardens |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station |