£280,912
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Aug 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £249,950 | 25 Aug 2021 |
| £249,950 | 25 Aug 2021 |
| £190,000 | 19 Dec 2016 |
| £174,000 | 4 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,072 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 August 2021 the House Price Index for SOMERSET was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £249,950 results in an estimated price of approximately £280,912.
| 25 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £249,950 | £30,962 | £280,912 |
The Postcode Pricing Model uses changes in average sales price within the TA9 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 | 40.717 % | £101,771 | £351,721 |
| 3 Month Average | -38.521 % | £-96,282 | £153,667 |
| 6 Month Average | -32.245 % | £-80,597 | £169,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £232,015 | £230,000 | 8 MARCONI DRIVE |
| 15 Dec 2023 | £266,179 | £258,000 | 18 MARCONI DRIVE |
| 25 Sep 2023 | £209,621 | £205,000 | 28 MULHOLLAND WAY |
| 16 Jun 2023 | £106,127 | £104,000 | APARTMENT 1 50 MARCONI DRIVE |
| 24 Mar 2023 | £233,906 | £230,000 | 28 MARCONI DRIVE |
This house has a floor area of 99 sq meters or 1,072 sq feet when measured on 12 May 2009. Using an estimated price of £280,912 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on MULHOLLAND WAY is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Mulholland Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maxwell Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Maxwell Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Maxwell Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maxwell Drive |