£349,502
This estimated value is based upon the latest sale price for the house of £285,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £285,000 | 11 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2019 the House Price Index for SOMERSET was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £285,000 results in an estimated price of approximately £349,502.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £285,000 | £64,502 | £349,502 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | 35.346 % | £100,737 | £385,737 |
| 3 Month Average | 34.514 % | £98,363 | £383,363 |
| 6 Month Average | 10.559 % | £30,094 | £315,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £320,000 | £320,000 | 222 PARK VIEW |
| 22 Jun 2023 | £334,046 | £330,000 | 10 WINYARDS VIEW |
| 2 Nov 2022 | £271,709 | £275,000 | 34 WINYARDS VIEW |
| 7 Jun 2022 | £276,406 | £272,500 | 165 PARK VIEW |
| 17 May 2022 | £305,761 | £300,000 | 182 PARK VIEW |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Apr 2019. Using an estimated price of £349,502 means this house is valued at £3,883 per sq meter (£360 per sq foot).
The average size of a house on PARK VIEW is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Park View | |
| Apr 2024 | Anti-social behaviour | On or near Vale Close | |
| Apr 2024 | Public order | Action to be taken by another organisation | On or near Vale Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vale Close |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |