£309,891
This estimated value is based upon the latest sale price for the house of £290,000 on 17 Jun 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £290,000 | 17 Jun 2021 |
| £210,000 | 16 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2021 the House Price Index for SOMERSET was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £290,000 results in an estimated price of approximately £309,891.
| 17 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £290,000 | £19,891 | £309,891 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | -0.169 % | £-489 | £289,510 |
| 3 Month Average | 1.458 % | £4,227 | £294,227 |
| 6 Month Average | -6.112 % | £-17,724 | £272,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £372,264 | £370,000 | 17 GALMINGTON DRIVE |
| 5 Jul 2023 | £232,196 | £230,000 | 95 GALMINGTON ROAD |
| 21 Mar 2023 | £221,196 | £220,000 | 133 GALMINGTON ROAD |
| 9 Feb 2023 | £646,940 | £650,000 | 21 GALMINGTON LANE |
| 21 Jul 2022 | £429,420 | £430,000 | 7 GALMINGTON LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Oct 2018. Using an estimated price of £309,892 means this house is valued at £4,557 per sq meter (£423 per sq foot).
The average size of a house on GALMINGTON ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Galmington Lane |
| Apr 2024 | Anti-social behaviour | On or near Galmington Lane | |
| Apr 2024 | Anti-social behaviour | On or near Ashford Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Trevett Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Southwood Grove |