£2,022,248
This estimated value is based upon the latest sale price for the house of £330,000 on 7 Jun 2024. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£330,000 | 7 Jun 2024 |
£267,000 | 8 Jun 2020 |
£227,500 | 12 Oct 2007 |
£78,750 | 8 Jan 1998 |
Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 June 2024 the House Price Index for SOMERSET was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £330,000 results in an estimated price of approximately £2,022,248.
7 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £330,000 | £1,692,248 | £2,022,248 |
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 | 18.474 % | £60,963 | £390,963 |
3 Month Average | -3.869 % | £-12,768 | £317,231 |
6 Month Average | -1.574 % | £-5,193 | £324,806 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £690,000 | £690,000 | 34 RECTORY ROAD |
3 Nov 2023 | £318,074 | £310,000 | 1 WESTFIELD LAWN |
2 Jun 2023 | £387,771 | £380,000 | THE BUNGALOW, 79 STODDENS ROAD |
28 Apr 2023 | £292,980 | £287,500 | 32 WESTFIELD DRIVE |
24 Feb 2023 | £247,654 | £246,000 | 5 WESTFIELD CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Oct 2019.
The average size of a house on RECTORY DRIVE is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Knoll View |
Apr 2024 | Other theft | Under investigation | On or near Knoll View |
Jul 2024 | Burglary | Under investigation | On or near Marwood Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marwood Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marwood Close |