£411,724
This estimated value is based upon the latest sale price for the house of £412,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £412,000 | 2 Sep 2022 |
| £310,000 | 10 Feb 2017 |
| £137,950 | 10 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2022 the House Price Index for SOMERSET was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £412,000 results in an estimated price of approximately £411,724.
| 2 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £412,000 | £-275 | £411,724 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | -14.908 % | £-61,422 | £350,577 |
| 3 Month Average | 8.249 % | £33,986 | £445,986 |
| 6 Month Average | 7.759 % | £31,968 | £443,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £403,703 | £397,500 | 59 MUCHELNEY WAY |
| 27 Oct 2023 | £376,041 | £367,500 | 40 FORDE PARK |
| 22 Mar 2023 | £427,133 | £420,000 | 2 FORDE PARK |
| 31 Jan 2023 | £365,176 | £364,200 | 8 MUCHELNEY WAY |
| 4 Jan 2023 | £217,581 | £217,000 | 1 WESTMINSTER |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 23 Aug 2016. Using an estimated price of £411,725 means this house is valued at £3,142 per sq meter (£291 per sq foot).
The average size of a house on MUCHELNEY WAY is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Westminster |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Forde Park |
| Jun 2024 | Other crime | Under investigation | On or near Forde Park |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arlington Close |