£185,203
This estimated value is based upon the latest sale price for the house of £112,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £112,000 | 2 Aug 2013 |
| £130,000 | 11 Apr 2007 |
| £40,950 | 6 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 521 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 2013 the House Price Index for SOMERSET was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £112,000 results in an estimated price of approximately £185,203.
| 2 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £112,000 | £73,203 | £185,203 |
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 | 78.087 % | £87,457 | £199,457 |
| 3 Month Average | 52.704 % | £59,028 | £171,028 |
| 6 Month Average | 50.166 % | £56,186 | £168,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £262,000 | £262,000 | 21 MARGARET CRESCENT |
| 19 Sep 2023 | £197,526 | £195,000 | FLAT 38 QUANTOCK COURT SOUTH ESPLANADE |
| 1 Sep 2023 | £228,927 | £226,000 | FLAT 5 QUANTOCK COURT SOUTH ESPLANADE |
| 10 Jul 2023 | £299,025 | £295,000 | 7 MARGARET CRESCENT |
| 15 Mar 2023 | £206,950 | £205,000 | FLAT 22 QUANTOCK COURT SOUTH ESPLANADE |
This house has a floor area of 48 sq meters or 521 sq feet when measured on 23 Apr 2009. Using an estimated price of £185,203 means this house is valued at £3,825 per sq meter (£355 per sq foot).
The average size of a house on SOUTH ESPLANADE is 88 sq meters (954 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (521 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near South Esplanade |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near South Esplanade |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |