£256,551
This estimated value is based upon the latest sale price for the house of £51,000 on 29 Sep 1997. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £51,000 | 29 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 September 1997 the House Price Index for SOMERSET was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £51,000 results in an estimated price of approximately £256,551.
| 29 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £51,000 | £205,551 | £256,551 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 278.552 % | £142,061 | £193,061 |
| 3 Month Average | 361.049 % | £184,134 | £235,134 |
| 6 Month Average | 312.715 % | £159,484 | £210,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £174,428 | £170,000 | 126A PERITON LANE |
| 27 Sep 2023 | £286,311 | £280,000 | 5 WHITWORTH ROAD |
| 15 Feb 2023 | £424,838 | £422,000 | 107 PERITON LANE |
| 29 Jul 2022 | £267,682 | £265,000 | 73 PERITON LANE |
| 27 Jun 2022 | £183,932 | £180,000 | 126 PERITON LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 23 Apr 2018. Using an estimated price of £256,551 means this house is valued at £4,423 per sq meter (£410 per sq foot).
The average size of a house on PERITON LANE is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Periton Rise |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Periton Rise |
| Aug 2024 | Other theft | Under investigation | On or near Abbots Way |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Periton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Periton Way |