£233,231
This estimated value is based upon the latest sale price for the house of £169,950 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£169,950 | 29 Jan 2016 |
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 January 2016 the House Price Index for SOMERSET was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £169,950 results in an estimated price of approximately £233,231.
29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £169,950 | £63,281 | £233,231 |
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 | 25.852 % | £43,935 | £213,885 |
3 Month Average | 27.149 % | £46,138 | £216,088 |
6 Month Average | 34.594 % | £58,792 | £228,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £249,950 | £246,250 | 61 ASHLEIGH AVENUE |
28 Nov 2023 | £350,184 | £345,000 | GLENCOE FERNLEIGH AVENUE |
8 Jul 2022 | £261,704 | £261,000 | 2 HAMP GREEN RISE |
30 Sep 2021 | £258,622 | £240,000 | 46 HAMP GREEN RISE |
28 Nov 2019 | £306,550 | £249,950 | 60 ASHLEIGH AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Nov 2015. Using an estimated price of £233,232 means this house is valued at £2,507 per sq meter (£232 per sq foot).
The average size of a house on HAMP GREEN RISE is 128 sq meters (1,383 sq feet).