£284,244
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £230,000 | 19 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £230,000 results in an estimated price of approximately £284,244.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £230,000 | £54,244 | £284,244 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | -19.244 % | £-44,261 | £185,738 |
| 3 Month Average | 3.389 % | £7,795 | £237,795 |
| 6 Month Average | 14.285 % | £32,854 | £262,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £312,716 | £310,000 | 8 CHARLTON CLOSE |
| 10 Aug 2023 | £290,235 | £285,000 | 9 CHARLTON CLOSE |
| 22 Jun 2023 | £318,891 | £312,500 | 38 THOMSON DRIVE |
| 9 Jun 2023 | £262,256 | £257,000 | 118 SOUTH STREET |
| 17 Mar 2023 | £157,632 | £155,000 | 235 SOUTH STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 27 Sep 2019. Using an estimated price of £284,244 means this house is valued at £2,537 per sq meter (£235 per sq foot).
The average size of a house on THOMSON DRIVE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Further action is not in the public interest | On or near Shute Lake Lane |
| Jun 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Shute Lake Lane |
| May 2024 | Shoplifting | Under investigation | On or near Shute Lake Lane |
| May 2024 | Public order | Under investigation | On or near Shute Lake Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Charlton Close |