£240,529
This estimated value is based upon the latest sale price for the house of £162,500 on 23 Apr 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £162,500 | 23 Apr 2015 |
| £33,000 | 14 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2015 the House Price Index for SOMERSET was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £162,500 results in an estimated price of approximately £240,529.
| 23 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £162,500 | £78,029 | £240,529 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 62.451 % | £101,483 | £263,983 |
| 3 Month Average | 47.617 % | £77,378 | £239,878 |
| 6 Month Average | 49.009 % | £79,640 | £242,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £185,000 | £185,000 | 22 TULIP TREE ROAD |
| 10 Nov 2023 | £251,381 | £245,000 | 1 PALM TREE CLOSE |
| 6 Jan 2023 | £270,723 | £270,000 | 12 PLUM TREE CLOSE |
| 17 Dec 2021 | £253,637 | £235,000 | 74 TULIP TREE ROAD |
| 5 Nov 2021 | £230,978 | £212,000 | 5 MAGNOLIA TREE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 21 Jan 2015. Using an estimated price of £240,529 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on PLUM TREE CLOSE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Beech Drive |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Broadoak Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teak Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bower Lane |