£269,036
This estimated value is based upon the latest sale price for the house of £154,950 on 1 Nov 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Gill Crescent
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| Price Paid | Date |
|---|---|
| £154,950 | 1 Nov 2011 |
| £137,500 | 16 May 2003 |
| £100,000 | 5 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 751 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 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 73.628%.Applying this 73.628% change to the original purchase price of £154,950 results in an estimated price of approximately £269,036.
| 1 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £154,950 | £114,086 | £269,036 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 63.764 % | £98,802 | £253,752 |
| 3 Month Average | 43.221 % | £66,971 | £221,921 |
| 6 Month Average | 44.717 % | £69,288 | £224,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £245,578 | £240,000 | 14 PINNEY CLOSE |
| 22 Feb 2023 | £322,152 | £320,000 | 34 GILL CRESCENT |
| 17 Feb 2023 | £327,186 | £325,000 | 20 PINNEY CLOSE |
| 1 Feb 2023 | £266,782 | £265,000 | 8 PINNEY CLOSE |
| 29 Jul 2022 | £262,632 | £260,000 | 14 GILL CRESCENT |
This house has a floor area of 69 sq meters or 751 sq feet when measured on 22 Sep 2011. Using an estimated price of £269,037 means this house is valued at £3,851 per sq meter (£357 per sq foot).
The average size of a house on PINNEY CLOSE is 91 sq meters (979 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gill Crescent |
| Jul 2024 | Burglary | Under investigation | On or near Gill Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hamlyn Close |
| Jun 2024 | Other theft | Under investigation | On or near Queensway |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queensway |