£170,923
This estimated value is based upon the latest sale price for the house of £141,500 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £141,500 | 21 Aug 2020 |
| £118,750 | 1 Feb 2017 |
| £123,500 | 1 May 2008 |
| £55,000 | 1 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2020 the House Price Index for SOMERSET was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £141,500 results in an estimated price of approximately £170,923.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £141,500 | £29,423 | £170,923 |
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 | 375.065 % | £530,716 | £672,216 |
| 3 Month Average | 15.488 % | £21,915 | £163,415 |
| 6 Month Average | 17.737 % | £25,097 | £166,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £145,000 | £145,000 | 17 BATH ROAD |
| 8 Dec 2023 | £147,018 | £142,500 | 62 UNION STREET |
| 24 Nov 2023 | £215,469 | £210,000 | 27 BATH ROAD |
| 21 Sep 2023 | £180,990 | £177,000 | 54 BRISTOL ROAD |
| 29 Aug 2023 | £188,907 | £185,500 | 66 BRISTOL ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Jun 2020. Using an estimated price of £170,924 means this house is valued at £2,084 per sq meter (£193 per sq foot).
The average size of a house on UNION STREET is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Union Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Street |
| Aug 2024 | Drugs | Under investigation | On or near Union Street |
| Aug 2024 | Robbery | Under investigation | On or near Old Market Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Old Market Road |