£294,170
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Nov 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Nov 2021 |
| £166,000 | 21 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 November 2021 the House Price Index for SOMERSET was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £270,000 results in an estimated price of approximately £294,170.
| 23 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £270,000 | £24,170 | £294,170 |
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 | 37.856 % | £102,211 | £372,211 |
| 3 Month Average | 10.948 % | £29,559 | £299,559 |
| 6 Month Average | 7.107 % | £19,187 | £289,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £243,745 | £240,000 | 4 FRASER CLOSE |
| 20 Oct 2023 | £277,810 | £271,500 | 6 BERESFORD CLOSE |
| 30 Jun 2023 | £285,726 | £280,000 | 2 COWAN CLOSE |
| 21 Apr 2023 | £163,050 | £160,000 | 5 VINCENT CLOSE |
| 3 Mar 2023 | £217,635 | £214,000 | 2 GRENVILLE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 25 Aug 2021. Using an estimated price of £294,170 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on GRENVILLE ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vincent Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Hawkins Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Hawkins Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Exeter Close |
| Jun 2024 | Anti-social behaviour | On or near Exeter Close |