£297,888
This estimated value is based upon the latest sale price for the house of £276,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £276,000 | 3 Dec 2021 |
| £175,000 | 19 Sep 2017 |
| £135,000 | 8 Oct 2012 |
| £143,000 | 4 Sep 2006 |
| £59,000 | 26 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2021 the House Price Index for SOMERSET was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £276,000 results in an estimated price of approximately £297,888.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £276,000 | £21,888 | £297,888 |
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 | 8.520 % | £23,513 | £299,513 |
| 3 Month Average | 2.107 % | £5,815 | £281,815 |
| 6 Month Average | -0.233 % | £-642 | £275,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £183,681 | £180,000 | 3 MONMOUTH ROAD |
| 24 Feb 2023 | £111,746 | £111,000 | 39A HAMILTON ROAD |
| 9 Mar 2022 | £147,195 | £141,000 | 17 HAMILTON ROAD |
| 3 Dec 2021 | £297,889 | £276,000 | 12 MONMOUTH ROAD |
| 30 Sep 2021 | £211,686 | £195,000 | 25 CHARTER WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Jul 2021. Using an estimated price of £297,889 means this house is valued at £3,169 per sq meter (£294 per sq foot).
The average size of a house on MONMOUTH ROAD is 103 sq meters (1,108 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Lambrook Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lambrook Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lambrook Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Lambrook Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambrook Close |