£197,037
This estimated value is based upon the latest sale price for the house of £135,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£135,000 | 1 May 2015 |
£38,250 | 18 Jul 1997 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2015 the House Price Index for SOMERSET was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £135,000 results in an estimated price of approximately £197,037.
1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £135,000 | £62,037 | £197,037 |
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 | 32.860 % | £44,361 | £179,361 |
3 Month Average | 38.318 % | £51,729 | £186,729 |
6 Month Average | 42.856 % | £57,855 | £192,855 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £175,000 | £175,000 | 41 PENZOY AVENUE |
7 Dec 2023 | £234,096 | £230,000 | 34 HEATHER CLOSE |
3 Nov 2023 | £175,092 | £172,500 | 31 LOXLEIGH GARDENS |
26 Sep 2023 | £186,383 | £184,000 | 23 HAZELEY CLOSE |
21 Apr 2023 | £212,286 | £210,000 | 8 LOXLEIGH GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Sep 2014. Using an estimated price of £197,038 means this house is valued at £2,855 per sq meter (£265 per sq foot).
The average size of a house on HEATHER CLOSE is 72 sq meters (779 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazeley Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penzoy Avenue |
Mar 2024 | Vehicle crime | Under investigation | On or near Phoenix Road |
Dec 2023 | Other theft | Under investigation | On or near Heather Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Peploe Way |