£98,578
This estimated value is based upon the latest sale price for the house of £80,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £80,000 | 15 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £80,000 results in an estimated price of approximately £98,578.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £80,000 | £18,578 | £98,578 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 25.423 % | £20,338 | £100,338 |
| 3 Month Average | 48.544 % | £38,835 | £118,835 |
| 6 Month Average | 41.046 % | £32,836 | £112,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £299,194 | £290,000 | 5 BARLINCH CLOSE |
| 22 Nov 2023 | £229,065 | £223,250 | 7 RADLET CLOSE |
| 31 Oct 2023 | £102,324 | £100,000 | 245B EASTWICK ROAD |
| 17 Feb 2023 | £342,286 | £340,000 | 15 BISHOPS CLOSE |
| 29 Jul 2022 | £248,490 | £246,000 | 15 RADLET CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Jan 2020. Using an estimated price of £98,579 means this house is valued at £1,493 per sq meter (£138 per sq foot).
The average size of a house on EASTWICK ROAD is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Sports/Recreation Area |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Robbery | Under investigation | On or near Sports/Recreation Area |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |