£222,402
This estimated value is based upon the latest sale price for the house of £217,500 on 14 Sep 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £217,500 | 14 Sep 2023 |
| £129,950 | 26 Jun 2009 |
| 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 2023 the House Price Index for SOMERSET was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £217,500 results in an estimated price of approximately £222,402.
| 14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £217,500 | £4,902 | £222,402 |
The Postcode Pricing Model uses changes in average sales price within the TA19 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 | 23.681 % | £51,506 | £269,006 |
| 3 Month Average | 13.670 % | £29,732 | £247,232 |
| 6 Month Average | 9.863 % | £21,451 | £238,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £158,011 | £154,000 | 1 WALNUT PLACE |
| 14 Sep 2023 | £222,403 | £217,500 | 14 WALNUT PLACE |
| 11 Aug 2023 | £242,066 | £237,700 | 33 BUTTS |
| 24 Apr 2023 | £211,455 | £207,500 | 70 EAST STREET |
| 30 Mar 2023 | £533,916 | £525,000 | 10 LOVE LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 1 Sep 2020. Using an estimated price of £222,403 means this house is valued at £3,834 per sq meter (£356 per sq foot).
The average size of a house on WALNUT PLACE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Place |
| May 2024 | Anti-social behaviour | On or near Love Lane | |
| May 2024 | Anti-social behaviour | On or near Love Lane | |
| May 2024 | Anti-social behaviour | On or near Love Lane |