£88,742
This estimated value is based upon the latest sale price for the house of £84,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £84,000 | 25 Feb 2022 |
| £70,000 | 18 May 2017 |
| £112,000 | 26 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 February 2022 the House Price Index for SOMERSET was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £84,000 results in an estimated price of approximately £88,742.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £84,000 | £4,742 | £88,742 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 16.682 % | £14,012 | £98,012 |
| 3 Month Average | 8.333 % | £6,999 | £90,999 |
| 6 Month Average | 13.420 % | £11,273 | £95,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £121,991 | £119,220 | FLAT 15 WATERLOO HOUSE LOWER LANE |
| 18 Oct 2023 | £61,394 | £60,000 | 12 ST PETERS TERRACE |
| 15 Sep 2023 | £143,156 | £140,000 | 10 MARKET PLACE |
| 30 Jun 2023 | £282,665 | £277,000 | 22 CHURCH LANE |
| 27 Jun 2023 | £204,090 | £200,000 | 21 CHURCH LANE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 22 Oct 2021. Using an estimated price of £88,742 means this house is valued at £2,862 per sq meter (£265 per sq foot).
The average size of a house on PETER STREET is 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Peter Street |
| May 2024 | Public order | Unable to prosecute suspect | On or near The Batch |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Town Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Street |
| Jul 2024 | Anti-social behaviour | On or near Town Street |