£386,888
This estimated value is based upon the latest sale price for the house of £375,000 on 21 Dec 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £375,000 | 21 Dec 2023 |
| £210,000 | 19 Jun 2014 |
| 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 2023 the House Price Index for SOMERSET was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £375,000 results in an estimated price of approximately £386,888.
| 21 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £375,000 | £11,888 | £386,888 |
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 | 32.055 % | £120,206 | £495,206 |
| 3 Month Average | 4.090 % | £15,337 | £390,337 |
| 6 Month Average | -3.215 % | £-12,056 | £362,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £401,163 | £395,000 | 52 FREMANTLE ROAD |
| 21 Dec 2023 | £386,888 | £375,000 | 12 MOUNTFIELDS ROAD |
| 12 Oct 2023 | £409,296 | £400,000 | 31 HARP CHASE |
| 16 Sep 2022 | £574,616 | £575,000 | THE SPINNEY FOURACRES CLOSE |
| 28 Jul 2022 | £313,138 | £310,000 | 13 FREMANTLE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 19 Mar 2014. Using an estimated price of £386,888 means this house is valued at £4,115 per sq meter (£382 per sq foot).
The average size of a house on MOUNTFIELDS ROAD is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Mountfields Road | |
| Jun 2024 | Anti-social behaviour | On or near Mountfields Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountfields Road |
| Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Greenlands |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Greenlands |