£160,540
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £125,000 | 28 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 2017 the House Price Index for SOMERSET was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £125,000 results in an estimated price of approximately £160,540.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £125,000 | £35,540 | £160,540 |
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 | -0.123 % | £-154 | £124,845 |
| 3 Month Average | 18.685 % | £23,356 | £148,356 |
| 6 Month Average | 16.323 % | £20,403 | £145,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £188,286 | £182,500 | 144 MARINE DRIVE |
| 1 Dec 2023 | £218,721 | £212,000 | 116 MARINE DRIVE |
| 16 Jan 2023 | £350,938 | £350,000 | 23 CHANNEL COURT |
| 15 Jul 2022 | £190,408 | £188,500 | 130 MARINE DRIVE |
| 11 May 2022 | £338,827 | £330,000 | 7 CHANNEL COURT |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 21 Apr 2017. Using an estimated price of £160,541 means this house is valued at £3,490 per sq meter (£324 per sq foot).
The average size of a house on MARINE DRIVE is 56 sq meters (603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Channing Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Channing Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Channing Close |
| Jun 2024 | Anti-social behaviour | On or near Channing Close | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Channing Close |