£439,414
This estimated value is based upon the latest sale price for the house of £355,500 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £355,500 | 20 Sep 2019 |
| £245,000 | 19 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,481 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 September 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £355,500 results in an estimated price of approximately £439,414.
| 20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £355,500 | £83,914 | £439,414 |
The Postcode Pricing Model uses changes in average sales price within the TA21 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 | -1.595 % | £-5,671 | £349,828 |
| 3 Month Average | 35.145 % | £124,939 | £480,439 |
| 6 Month Average | 32.007 % | £113,786 | £469,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £242,102 | £240,000 | UNIT 3E WESTPARK |
| 13 Dec 2023 | £567,436 | £550,000 | 5 CADES GARDENS |
| 30 Oct 2023 | £373,483 | £365,000 | 39 PEAR TREE WAY |
| 12 Jun 2023 | £181,640 | £178,000 | UNIT 3F WESTPARK |
| 27 Mar 2023 | £406,793 | £400,000 | 3 PEAR TREE WAY |
This house has a floor area of 137 sq meters or 1,481 sq feet when measured on 8 Jun 2009. Using an estimated price of £439,415 means this house is valued at £3,192 per sq meter (£296 per sq foot).
The average size of a house on CADES MEAD is 120 sq meters (1,299 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cades Mead | |
| Aug 2024 | Anti-social behaviour | On or near Cades Mead | |
| Aug 2024 | Anti-social behaviour | On or near Cades Mead | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Torres Vedras Drive |
| Oct 2024 | Other theft | Under investigation | On or near Russet Close |