£345,588
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near South Esplanade
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Price Paid | Date |
---|---|
£140,000 | 21 Feb 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 109 sq meters or 1,173 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 February 2003 the House Price Index for SOMERSET was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £140,000 results in an estimated price of approximately £345,588.
21 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 149.7 | 146.849 % | £140,000 | £205,588 | £345,588 |
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 | 83.265 % | £116,571 | £256,571 |
3 Month Average | 86.884 % | £121,637 | £261,637 |
6 Month Average | 91.086 % | £127,520 | £267,520 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £266,088 | £262,000 | 21 MARGARET CRESCENT |
19 Sep 2023 | £199,396 | £195,000 | FLAT 38 QUANTOCK COURT SOUTH ESPLANADE |
1 Sep 2023 | £231,094 | £226,000 | FLAT 5 QUANTOCK COURT SOUTH ESPLANADE |
15 Mar 2023 | £208,482 | £205,000 | FLAT 22 QUANTOCK COURT SOUTH ESPLANADE |
22 Jul 2022 | £315,158 | £312,000 | 95 MAPLE DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 15 Jul 2020. Using an estimated price of £345,589 means this house is valued at £3,170 per sq meter (£294 per sq foot).
The average size of a house on SOUTH ESPLANADE is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near South Esplanade | |
Jun 2024 | Anti-social behaviour | On or near South Esplanade | |
May 2024 | Burglary | Under investigation | On or near South Esplanade |
May 2024 | Violence and sexual offences | Under investigation | On or near South Esplanade |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Margaret Crescent |