£346,889
This estimated value is based upon the latest sale price for the house of £290,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £290,000 | 25 Sep 2020 |
| £110,500 | 3 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 September 2020 the House Price Index for SOMERSET was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £290,000 results in an estimated price of approximately £346,889.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £290,000 | £56,889 | £346,889 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 18.126 % | £52,565 | £342,565 |
| 3 Month Average | 12.998 % | £37,695 | £327,695 |
| 6 Month Average | 20.730 % | £60,117 | £350,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £403,703 | £397,500 | 59 MUCHELNEY WAY |
| 24 Feb 2023 | £113,760 | £113,000 | 11 TRELLECH COURT |
| 31 Jan 2023 | £365,176 | £364,200 | 8 MUCHELNEY WAY |
| 4 Jan 2023 | £217,581 | £217,000 | 1 WESTMINSTER |
| 2 Sep 2022 | £411,725 | £412,000 | 15 MUCHELNEY WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 4 Sep 2019. Using an estimated price of £346,890 means this house is valued at £3,367 per sq meter (£312 per sq foot).
The average size of a house on WESTMINSTER is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Westminster |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Arlington Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arlington Close |
| Jun 2024 | Other crime | Under investigation | On or near Forde Park |