£238,882
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Nov 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £240,000 | 18 Nov 2022 |
| £125,000 | 28 Sep 2007 |
| £72,000 | 18 Feb 2000 |
| £49,000 | 19 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 641 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 November 2022 the House Price Index for SOMERSET was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £240,000 results in an estimated price of approximately £238,882.
| 18 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £240,000 | £-1,117 | £238,882 |
The Postcode Pricing Model uses changes in average sales price within the TA16 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 | -18.084 % | £-43,402 | £196,597 |
| 3 Month Average | 24.337 % | £58,408 | £298,408 |
| 6 Month Average | 25.284 % | £60,680 | £300,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £274,959 | £270,000 | 11 MANOR DRIVE |
| 11 Apr 2023 | £270,051 | £265,000 | 12 MANOR DRIVE |
| 5 Apr 2023 | £188,526 | £185,000 | 3 CHANCERY MEWS |
| 26 Jan 2023 | £238,136 | £237,500 | 1 THE MEWS |
| 18 Nov 2022 | £238,883 | £240,000 | 15 LOWER STREET |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 26 Jul 2010. Using an estimated price of £238,883 means this house is valued at £4,010 per sq meter (£372 per sq foot).
The average size of a house on LOWER STREET is 115 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Under investigation | On or near Court Mill Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shyners Terrace |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lower Street |