£439,975
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Oct 2009. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2009 the House Price Index for SOMERSET was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £250,000 results in an estimated price of approximately £439,975.
| 12 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £250,000 | £189,975 | £439,975 |
The Postcode Pricing Model uses changes in average sales price within the TA13 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 | 36.453 % | £91,133 | £341,133 |
| 3 Month Average | 92.180 % | £230,451 | £480,451 |
| 6 Month Average | 104.017 % | £260,041 | £510,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £530,714 | £525,000 | 25 SOUTH STREET |
| 21 Mar 2023 | £535,041 | £530,000 | 7 ST ELIZABETHS WAY |
| 4 Jan 2023 | £146,311 | £147,000 | 3 THE MANSE ST JAMES STREET |
| 25 Nov 2022 | £638,269 | £646,000 | ORCHARD HOUSE SOUTH STREET |
| 18 Feb 2022 | £141,574 | £135,000 | 4 THE MANSE ST JAMES STREET |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 22 May 2014. Using an estimated price of £439,975 means this house is valued at £3,728 per sq meter (£346 per sq foot).
The average size of a house on HELE LANE is 147 sq meters (1,587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near South Street | |
| Feb 2024 | Anti-social behaviour | On or near South Street | |
| Feb 2024 | Anti-social behaviour | On or near South Street | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Hele Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Old Orchard |