£270,964
This estimated value is based upon the latest sale price for the house of £267,500 on 19 Sep 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £267,500 | 19 Sep 2023 |
| £272,500 | 31 May 2022 |
| £75,500 | 8 Oct 1999 |
| £59,000 | 24 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 September 2023 the House Price Index for SOMERSET was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £267,500 results in an estimated price of approximately £270,964.
| 19 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £267,500 | £3,464 | £270,964 |
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 | -27.983 % | £-74,853 | £192,646 |
| 3 Month Average | 11.008 % | £29,445 | £296,945 |
| 6 Month Average | 6.298 % | £16,846 | £284,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £527,814 | £520,000 | 62 STODDENS ROAD |
| 3 Nov 2023 | £378,098 | £372,500 | 39 FINCHES WAY |
| 19 Sep 2023 | £270,965 | £267,500 | 9 BALMORAL DRIVE |
| 27 Oct 2022 | £301,751 | £305,000 | 6 WINDSOR CLOSE |
| 29 Apr 2022 | £375,877 | £365,000 | 21 FINCHES WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 9 Dec 2021. Using an estimated price of £270,965 means this house is valued at £4,926 per sq meter (£457 per sq foot).
The average size of a house on BALMORAL DRIVE is 85 sq meters (924 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magpie Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Close |
| Apr 2024 | Anti-social behaviour | On or near Caernarvon Way | |
| Feb 2024 | Other theft | Under investigation | On or near B3140 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B3140 |