£179,698
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Aug 2007. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£115,000 | 31 Aug 2007 |
£42,000 | 31 Oct 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 August 2007 the House Price Index for SOMERSET was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £115,000 results in an estimated price of approximately £179,698.
31 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.0 | 56.259 % | £115,000 | £64,698 | £179,698 |
The Postcode Pricing Model uses changes in average sales price within the TA21 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 | 27.293 % | £31,386 | £146,386 |
3 Month Average | 37.332 % | £42,931 | £157,931 |
6 Month Average | 35.069 % | £40,329 | £155,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £580,992 | £570,000 | 6 WELLESLEY PARK |
13 Apr 2022 | £502,564 | £490,000 | 1 HOMEFIELD |
1 Feb 2022 | £522,230 | £500,000 | 16 WELLESLEY PARK |
14 Jan 2022 | £225,354 | £215,000 | 2 SOUTHWAY EIGHT ACRE LANE |
26 Nov 2021 | £463,173 | £430,000 | 5 GRANGE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Mar 2020. Using an estimated price of £179,698 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on WELLESLEY PARK is 134 sq meters (1,450 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Park |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Webbers Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Grinter Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |