£244,076
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Mar 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £240,000 | 2 Mar 2023 |
| £218,000 | 1 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2023 the House Price Index for SOMERSET was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £240,000 results in an estimated price of approximately £244,076.
| 2 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £240,000 | £4,076 | £244,076 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 61.748 % | £148,195 | £388,195 |
| 3 Month Average | 4.476 % | £10,741 | £250,741 |
| 6 Month Average | 3.400 % | £8,159 | £248,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £302,683 | £295,000 | 7 WESTFIELD DRIVE |
| 2 Mar 2023 | £244,076 | £240,000 | 27 PARNELL WAY |
| 9 Sep 2022 | £279,813 | £280,000 | 25 WESTFIELD ROAD |
| 12 Aug 2022 | £351,644 | £350,000 | 18 CHARLESTONE ROAD |
| 8 Jul 2022 | £318,188 | £315,000 | 12 PARNELL WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Oct 2017. Using an estimated price of £244,076 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on PARNELL WAY is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Field Lawn |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Charlestone Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Rectory Drive |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sea View Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sea View Road |