£241,406
This estimated value is based upon the latest sale price for the house of £197,450 on 24 Apr 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£197,450 | 24 Apr 2020 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 2020 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £197,450 results in an estimated price of approximately £241,406.
24 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.0 | 22.262 % | £197,450 | £43,956 | £241,406 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | 36.223 % | £71,523 | £268,973 |
3 Month Average | 16.628 % | £32,831 | £230,281 |
6 Month Average | 12.702 % | £25,079 | £222,529 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £270,915 | £270,000 | 117 PARK VIEW |
4 Apr 2023 | £251,872 | £250,000 | 1 VALE CLOSE |
16 Feb 2023 | £134,364 | £135,000 | 75 COWEN CLOSE |
14 Feb 2023 | £109,482 | £110,000 | 67 COWEN CLOSE |
13 Sep 2022 | £207,477 | £210,000 | 30 PARK VIEW |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Oct 2019. Using an estimated price of £241,407 means this house is valued at £3,713 per sq meter (£345 per sq foot).
The average size of a house on PARK VIEW is 90 sq meters (971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Vale Close |
Apr 2024 | Anti-social behaviour | On or near Vale Close | |
Apr 2024 | Public order | Action to be taken by another organisation | On or near Vale Close |
Apr 2024 | Anti-social behaviour | On or near Park View | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cowen Close |