£237,231
This estimated value is based upon the latest sale price for the house of £172,500 on 26 Feb 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £172,500 | 26 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2016 the House Price Index for SOMERSET was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £172,500 results in an estimated price of approximately £237,231.
| 26 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £172,500 | £64,731 | £237,231 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 35.272 % | £60,845 | £233,345 |
| 3 Month Average | 30.365 % | £52,380 | £224,880 |
| 6 Month Average | 28.791 % | £49,665 | £222,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £214,880 | £210,000 | 34 ROYAL DRIVE |
| 20 Jun 2023 | £303,584 | £297,500 | 74 KINGS DRIVE |
| 9 Jun 2023 | £220,417 | £216,000 | 63 ROYAL DRIVE |
| 28 Mar 2023 | £213,567 | £210,000 | 40 ROYAL DRIVE |
| 11 Jan 2023 | £250,670 | £250,000 | 59 ROYAL DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Feb 2016. Using an estimated price of £237,232 means this house is valued at £2,665 per sq meter (£247 per sq foot).
The average size of a house on ROYAL DRIVE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatsworth Drive |
| Jul 2024 | Drugs | Under investigation | On or near Royal Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Royal Drive |
| Jul 2024 | Anti-social behaviour | On or near Royal Drive | |
| Jul 2024 | Public order | Awaiting court outcome | On or near Hampstead Drive |