£393,790
This estimated value is based upon the latest sale price for the house of £265,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £265,000 | 30 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2015 the House Price Index for SOMERSET was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £265,000 results in an estimated price of approximately £393,790.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £265,000 | £128,790 | £393,790 |
The Postcode Pricing Model uses changes in average sales price within the BS28 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 | -36.663 % | £-97,157 | £167,842 |
| 3 Month Average | -1.220 % | £-3,232 | £261,767 |
| 6 Month Average | 52.475 % | £139,057 | £404,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £565,000 | £565,000 | UNDER ELMS PILCORN STREET |
| 5 Dec 2023 | £700,252 | £688,000 | 16 SAXON WAY |
| 5 Jul 2023 | £699,413 | £690,000 | MULLIONS CONNELLY DRIVE |
| 30 Mar 2023 | £641,039 | £635,000 | 32 ST MEDARD ROAD |
| 6 Jul 2022 | £275,742 | £275,000 | 6 ST MEDARD ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Mar 2015. Using an estimated price of £393,790 means this house is valued at £3,823 per sq meter (£355 per sq foot).
The average size of a house on QUAB LANE is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Pilcorn Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Public order | Under investigation | On or near Gogs Orchard |
| Feb 2024 | Burglary | Under investigation | On or near Plud Street |