£331,188
This estimated value is based upon the latest sale price for the house of £275,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £275,000 | 17 Jul 2020 |
| £270,000 | 30 Oct 2018 |
| £115,000 | 6 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2020 the House Price Index for SOMERSET was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £275,000 results in an estimated price of approximately £331,188.
| 17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £275,000 | £56,188 | £331,188 |
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 | 161.195 % | £443,287 | £718,287 |
| 3 Month Average | 25.085 % | £68,982 | £343,982 |
| 6 Month Average | 29.095 % | £80,010 | £355,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £433,196 | £425,000 | 29 FRIARS WAY |
| 3 Mar 2023 | £221,196 | £220,000 | 21 MENDIP WAY |
| 13 Feb 2023 | £388,164 | £390,000 | 9 FRIARS WAY |
| 10 Feb 2023 | £189,056 | £189,950 | 37 PRIORY GARDENS |
| 17 May 2022 | £126,886 | £125,000 | 5 PRIORY GARDENS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jul 2018. Using an estimated price of £331,188 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on FRIARS WAY is 113 sq meters (1,217 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Rosewood Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Rosewood Drive |
| Jan 2024 | Anti-social behaviour | On or near Rosewood Close | |
| Jan 2024 | Anti-social behaviour | On or near Rosewood Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |