£424,022
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Jun 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£250,000 | 25 Jun 2012 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 June 2012 the House Price Index for SOMERSET was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £250,000 results in an estimated price of approximately £424,022.
25 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £250,000 | £174,022 | £424,022 |
The Postcode Pricing Model uses changes in average sales price within the TA11 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 | -16.301 % | £-40,753 | £209,246 |
3 Month Average | 31.780 % | £79,449 | £329,449 |
6 Month Average | 36.293 % | £90,732 | £340,732 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £393,442 | £390,000 | 11 PINEWOOD DRIVE |
23 Jan 2023 | £258,781 | £260,000 | 29 BEHIND BERRY |
2 Sep 2022 | £381,916 | £385,000 | 31 PINEWOOD |
31 Aug 2022 | £448,792 | £450,000 | 18 BEECH GROVE |
4 Mar 2022 | £326,423 | £315,000 | 45 PINEWOOD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 May 2012. Using an estimated price of £424,023 means this house is valued at £4,326 per sq meter (£401 per sq foot).
The average size of a house on PINEWOOD DRIVE is 111 sq meters (1,201 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Drive |
Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Pinewood Drive |
Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Cedar Grove |
Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Cedar Grove |