£258,908
This estimated value is based upon the latest sale price for the house of £160,000 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £160,000 | 5 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 April 2007 the House Price Index for SOMERSET was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £160,000 results in an estimated price of approximately £258,908.
| 5 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £160,000 | £98,908 | £258,908 |
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 | 62.158 % | £99,452 | £259,452 |
| 3 Month Average | 46.075 % | £73,719 | £233,719 |
| 6 Month Average | 50.491 % | £80,786 | £240,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £260,000 | £260,000 | 27 SOMERSET ROAD |
| 13 Dec 2023 | £149,597 | £145,000 | 33 WARWICK AVENUE |
| 10 Oct 2023 | £250,694 | £245,000 | 11 SOMERSET ROAD |
| 8 Sep 2023 | £281,199 | £275,000 | 43 RUBOROUGH ROAD |
| 19 Aug 2022 | £271,268 | £270,000 | 18 KESTREL CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Dec 2021. Using an estimated price of £258,908 means this house is valued at £4,244 per sq meter (£394 per sq foot).
The average size of a house on SOMERSET ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cedar Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Linden Close |
| Jul 2024 | Anti-social behaviour | On or near Linden Close | |
| Jul 2024 | Other theft | Under investigation | On or near Linden Close |
| Jul 2024 | Anti-social behaviour | On or near Linden Close |