£214,629
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£160,000 | 1 Jul 2016 |
£130,000 | 3 Jul 2013 |
£58,000 | 11 Jul 2000 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 495 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 July 2016 the House Price Index for SOMERSET was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £160,000 results in an estimated price of approximately £214,629.
1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £160,000 | £54,629 | £214,629 |
The Postcode Pricing Model uses changes in average sales price within the BA7 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 | 24.257 % | £38,810 | £198,810 |
3 Month Average | 20.679 % | £33,086 | £193,086 |
6 Month Average | 40.873 % | £65,396 | £225,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £400,000 | £400,000 | 6 ALMSFORD CLOSE |
12 Apr 2024 | £156,358 | £155,000 | 3 VICTORIA PARK |
25 Sep 2023 | £230,072 | £225,000 | 29 WEST PARK |
8 Sep 2023 | £301,650 | £295,000 | STRANGEWAYS TORBAY CLOSE |
2 Sep 2022 | £289,806 | £290,000 | 9 WEST PARK |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 17 Apr 2013. Using an estimated price of £214,629 means this house is valued at £4,665 per sq meter (£433 per sq foot).
The average size of a house on STATION ROAD is 75 sq meters (813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near West Park | |
Aug 2024 | Anti-social behaviour | On or near West Park | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almsford Close |
Aug 2024 | Other theft | Under investigation | On or near Torbay Close |
Sep 2024 | Public order | Under investigation | On or near Compton Drive |