£101,403
This estimated value is based upon the latest sale price for the house of £44,950 on 29 Oct 2003. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £44,950 | 29 Oct 2003 |
| £59,000 | 29 May 2003 |
| £33,000 | 17 Jan 1997 |
| £38,000 | 29 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 447 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 October 2003 the House Price Index for SOMERSET was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £44,950 results in an estimated price of approximately £101,403.
| 29 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £44,950 | £56,453 | £101,403 |
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 | 85.545 % | £38,452 | £83,402 |
| 3 Month Average | 89.473 % | £40,217 | £85,167 |
| 6 Month Average | 89.884 % | £40,402 | £85,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £72,631 | £72,000 | FLAT 34 HOMELANE HOUSE RECTORY ROAD |
| 25 Mar 2024 | £64,999 | £64,000 | FLAT 18 HOMELANE HOUSE RECTORY ROAD |
| 15 Dec 2023 | £117,614 | £114,000 | 38 ALLANDALE COURT RECTORY ROAD |
| 14 Dec 2023 | £175,338 | £169,950 | 29 ALLANDALE COURT RECTORY ROAD |
| 1 Dec 2023 | £288,877 | £280,000 | 1 THE GROVE MEWS |
This house has a floor area of 41 sq meters or 447 sq feet when measured on 18 Mar 2009. Using an estimated price of £101,403 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on RECTORY ROAD is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Grove Road |
| Jun 2024 | Robbery | Under investigation | On or near Herbert Road |
| Jun 2024 | Anti-social behaviour | On or near Allandale Road | |
| Jun 2024 | Anti-social behaviour | On or near Allandale Road | |
| Apr 2024 | Other crime | Under investigation | On or near Parnell Way |