£242,118
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Aug 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 | 18 Aug 2023 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for SOMERSET was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £240,000 results in an estimated price of approximately £242,118.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £240,000 | £2,118 | £242,118 |
The Postcode Pricing Model uses changes in average sales price within the TA12 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 | -67.251 % | £-161,403 | £78,596 |
| 3 Month Average | -17.601 % | £-42,241 | £197,758 |
| 6 Month Average | -13.088 % | £-31,410 | £208,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £354,533 | £350,000 | 24 VINCENT WAY |
| 18 Aug 2023 | £242,118 | £240,000 | 33 STEPPES CRESCENT |
| 7 Mar 2023 | £136,284 | £135,000 | 2 STEPPES MEADOW |
| 4 Feb 2022 | £277,904 | £265,000 | 16 VINCENT WAY |
| 4 Feb 2022 | £214,982 | £205,000 | 66 STEPPES MEADOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Steppes Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Steppes Crescent |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near North Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Steppes Meadow |