£268,034
This estimated value is based upon the latest sale price for the house of £177,000 on 27 Aug 2014. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £177,000 | 27 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2014 the House Price Index for SOMERSET was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £177,000 results in an estimated price of approximately £268,034.
| 27 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £177,000 | £91,034 | £268,034 |
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 | 62.187 % | £110,071 | £287,071 |
| 3 Month Average | 39.738 % | £70,336 | £247,336 |
| 6 Month Average | 50.165 % | £88,791 | £265,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £237,031 | £234,000 | 44 WINCHESTER ROAD |
| 8 Sep 2023 | £212,720 | £210,000 | 65 WINCHESTER ROAD |
| 1 Sep 2023 | £202,590 | £200,000 | 15 WELLS CLOSE |
| 18 Aug 2022 | £314,154 | £315,000 | 20 ST MARKS ROAD |
| 9 Aug 2022 | £239,306 | £239,950 | 56 GLOUCESTER ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Nov 2013. Using an estimated price of £268,034 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on WELLS CLOSE is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Mar 2024 | Anti-social behaviour | On or near Gloucester Road | |
| Mar 2024 | Anti-social behaviour | On or near Gloucester Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Truro Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Truro Close |