£227,623
This estimated value is based upon the latest sale price for the house of £185,000 on 19 Mar 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £185,000 | 19 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £185,000 results in an estimated price of approximately £227,623.
| 19 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £185,000 | £42,623 | £227,623 |
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 | 30.281 % | £56,019 | £241,019 |
| 3 Month Average | 34.284 % | £63,426 | £248,426 |
| 6 Month Average | 9.304 % | £17,213 | £202,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £1,009,550 | £1,000,000 | TAUNTON SERVICE STATION WELLINGTON NEW ROAD |
| 31 Mar 2023 | £266,440 | £265,000 | 35 GALMINGTON CLOSE |
| 13 Jan 2023 | £242,867 | £245,000 | 35 GALMINGTON ROAD |
| 29 Mar 2022 | £213,640 | £207,000 | 39B GALMINGTON ROAD |
| 25 Mar 2022 | £158,888 | £153,950 | 27 WELLINGTON NEW ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 26 Nov 2018. Using an estimated price of £227,624 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on GALMINGTON CLOSE is 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Galmington Close |
| Feb 2024 | Anti-social behaviour | On or near Galmington Close | |
| Feb 2024 | Anti-social behaviour | On or near Galmington Close | |
| Feb 2024 | Anti-social behaviour | On or near Galmington Close | |
| Jan 2024 | Other theft | Under investigation | On or near Galmington Close |