£242,589
This estimated value is based upon the latest sale price for the house of £71,000 on 22 Jun 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£71,000 | 22 Jun 2001 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,079 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 June 2001 the House Price Index for SOMERSET was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £71,000 results in an estimated price of approximately £242,589.
22 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £71,000 | £171,589 | £242,589 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 168.388 % | £119,555 | £190,555 |
3 Month Average | 217.348 % | £154,316 | £225,316 |
6 Month Average | 183.860 % | £130,540 | £201,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £96,589 | £95,750 | 6 IRNHAM MEWS |
14 Nov 2023 | £128,256 | £125,000 | 51A IRNHAM ROAD |
29 Sep 2023 | £316,988 | £310,000 | 62 SUMMERLAND AVENUE |
28 Sep 2023 | £217,290 | £212,500 | 28 SUMMERLAND AVENUE |
28 Sep 2023 | £253,590 | £248,000 | 30 SUMMERLAND AVENUE |
This house has a floor area of 100 sq meters or 1,079 sq feet when measured on 30 Sep 2010. Using an estimated price of £242,589 means this house is valued at £2,419 per sq meter (£224 per sq foot).
The average size of a house on SUMMERLAND AVENUE is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |