£273,421
This estimated value is based upon the latest sale price for the house of £62,000 on 30 Jun 1999. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£62,000 | 30 Jun 1999 |
£51,000 | 20 Jan 1998 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 778 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 June 1999 the House Price Index for SOMERSET was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £62,000 results in an estimated price of approximately £273,421.
30 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 149.7 | 341.003 % | £62,000 | £211,421 | £273,421 |
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 | 301.939 % | £187,202 | £249,202 |
3 Month Average | 258.876 % | £160,503 | £222,503 |
6 Month Average | 278.616 % | £172,742 | £234,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £505,534 | £490,000 | 1 HEWETT CLOSE |
3 Nov 2023 | £461,720 | £450,000 | 23 POPE CLOSE |
8 Jun 2023 | £265,317 | £260,000 | 31 FIVASH CLOSE |
24 Apr 2023 | £171,202 | £168,000 | FLAT 4 MINSTER COURT WINDSOR CLOSE |
24 Feb 2023 | £276,849 | £275,000 | 6 FIVASH CLOSE |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 20 Jan 2011. Using an estimated price of £273,422 means this house is valued at £3,780 per sq meter (£351 per sq foot).
The average size of a house on FIVASH CLOSE is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fivash Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapman Court |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Windsor Close |
Jul 2024 | Anti-social behaviour | On or near Windsor Close |