£374,833
This estimated value is based upon the latest sale price for the house of £327,500 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£327,500 | 2 Nov 2020 |
£250,000 | 26 Jan 2016 |
£259,950 | 17 May 2013 |
Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 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 November 2020 the House Price Index for SOMERSET was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £327,500 results in an estimated price of approximately £374,833.
2 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 146.7 | 14.453 % | £327,500 | £47,333 | £374,833 |
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 | -5.470 % | £-17,913 | £309,586 |
3 Month Average | -2.747 % | £-8,997 | £318,502 |
6 Month Average | 14.117 % | £46,233 | £373,733 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 5 Dec 2012.
The average size of a house on LOTUS DRIVE is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lotus Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lotus Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lotus Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Forsythia Way |
Dec 2023 | Vehicle crime | Under investigation | On or near Forsythia Way |