£277,825
This estimated value is based upon the latest sale price for the house of £160,000 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £160,000 | 2 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 918 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 2011 the House Price Index for SOMERSET was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £160,000 results in an estimated price of approximately £277,825.
| 2 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £160,000 | £117,825 | £277,825 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 37.109 % | £59,374 | £219,374 |
| 3 Month Average | 57.037 % | £91,258 | £251,258 |
| 6 Month Average | 55.769 % | £89,230 | £249,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £255,000 | £255,000 | 26 ROWBARTON CLOSE |
| 28 Mar 2024 | £190,934 | £188,000 | 24 ROWBARTON CLOSE |
| 20 Dec 2023 | £211,499 | £205,000 | 35 GEORGE STREET |
| 27 Nov 2023 | £148,777 | £145,000 | 1 WILLMOTT COURT VERA STREET |
| 22 Sep 2023 | £69,022 | £67,500 | 103B CHEDDON ROAD |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 5 Sep 2011. Using an estimated price of £277,825 means this house is valued at £3,256 per sq meter (£302 per sq foot).
The average size of a house on VERA STREET is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Vera Street |
| Oct 2024 | Anti-social behaviour | On or near Vera Street | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ethpark Grove |