£283,641
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Nov 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £280,000 | 2 Nov 2023 |
| £240,000 | 11 Aug 2017 |
| £180,000 | 19 Nov 2010 |
| £136,500 | 4 Nov 2002 |
| £109,000 | 9 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,053 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 November 2023 the House Price Index for SOMERSET was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £280,000 results in an estimated price of approximately £283,641.
| 2 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £280,000 | £3,641 | £283,641 |
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 | 121.485 % | £340,157 | £620,157 |
| 3 Month Average | 21.534 % | £60,295 | £340,295 |
| 6 Month Average | -5.708 % | £-15,981 | £264,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £331,267 | £325,000 | 11 DENNETT CLOSE |
| 2 Nov 2023 | £283,641 | £280,000 | 2 TRAJANS WAY |
| 11 Aug 2023 | £342,080 | £340,000 | 10 AMULET WAY |
| 18 Aug 2022 | £208,591 | £210,000 | 5 ROMAN VILLAS |
| 14 Apr 2022 | £315,128 | £307,250 | 6 TRAJANS WAY |
This house has a floor area of 97 sq meters or 1,053 sq feet when measured on 19 Aug 2009. Using an estimated price of £283,641 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on TRAJANS WAY is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Trajan'S Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trajan'S Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trajan'S Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trajan'S Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Roman Villas |