£245,242
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Jun 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£240,000 | 23 Jun 2022 |
£132,000 | 22 Jan 2014 |
Semi-Detached |
Freehold |
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 June 2022 the House Price Index for SOMERSET was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £240,000 results in an estimated price of approximately £245,242.
23 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £240,000 | £5,242 | £245,242 |
The Postcode Pricing Model uses changes in average sales price within the TA5 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 | 12.221 % | £29,331 | £269,331 |
3 Month Average | -4.109 % | £-9,860 | £230,139 |
6 Month Average | -7.339 % | £-17,612 | £222,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £312,000 | £312,000 | 3 FOX WAY |
17 Feb 2023 | £412,757 | £410,000 | 1 STOWEY COTTAGES ST MARY STREET |
4 Aug 2022 | £229,071 | £228,000 | 54 BANNESON ROAD |
4 Aug 2022 | £258,207 | £257,000 | 7 OAK ROAD |
21 Jul 2022 | £277,783 | £275,000 | 18 ST MARY STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Oak Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |