£129,717
This estimated value is based upon the latest sale price for the house of £105,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Tesla Place
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| Price Paid | Date |
|---|---|
| £105,000 | 2 Oct 2019 |
| £92,495 | 1 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 658 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 October 2019 the House Price Index for SOMERSET was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £105,000 results in an estimated price of approximately £129,717.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £105,000 | £24,717 | £129,717 |
The Postcode Pricing Model uses changes in average sales price within the TA9 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 | -37.435 % | £-39,307 | £65,692 |
| 3 Month Average | -3.306 % | £-3,470 | £101,529 |
| 6 Month Average | 0.822 % | £863 | £105,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £232,015 | £230,000 | 8 MARCONI DRIVE |
| 15 Dec 2023 | £266,179 | £258,000 | 18 MARCONI DRIVE |
| 25 Sep 2023 | £209,621 | £205,000 | 28 MULHOLLAND WAY |
| 16 Jun 2023 | £106,127 | £104,000 | APARTMENT 1 50 MARCONI DRIVE |
| 24 Mar 2023 | £233,906 | £230,000 | 28 MARCONI DRIVE |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 1 Mar 2011. Using an estimated price of £129,717 means this house is valued at £2,119 per sq meter (£196 per sq foot).
The average size of a house on MARCONI DRIVE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Tesla Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tesla Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Tesla Place |
| Sep 2024 | Other theft | Under investigation | On or near Mulholland Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Maxwell Drive |