£639,745
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £500,000 | 11 Aug 2017 |
| £405,000 | 14 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,639 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 2017 the House Price Index for SOMERSET was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £500,000 results in an estimated price of approximately £639,745.
| 11 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £500,000 | £139,745 | £639,745 |
The Postcode Pricing Model uses changes in average sales price within the TA10 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 | -12.352 % | £-61,759 | £438,240 |
| 3 Month Average | 23.485 % | £117,423 | £617,423 |
| 6 Month Average | 26.284 % | £131,418 | £631,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £352,842 | £342,000 | 5 DELPHINIUM DRIVE |
| 20 Apr 2023 | £438,196 | £430,000 | 12 GLADIOLUS ROAD |
| 3 Mar 2023 | £254,195 | £249,950 | 1 MAPLE ROAD |
| 10 Dec 2021 | £232,051 | £215,000 | 12 MAPLE ROAD |
| 9 Dec 2021 | £272,525 | £252,500 | 6 HAYES CLOSE |
This house has a floor area of 152 sq meters or 1,639 sq feet when measured on 19 Sep 2011. Using an estimated price of £639,745 means this house is valued at £4,200 per sq meter (£390 per sq foot).
The average size of a house on IRIS WAY is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fern Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Fern Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bicknell Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bicknell Drive |
| May 2024 | Criminal damage and arson | Under investigation | On or near Somerton Road |