£657,138
This estimated value is based upon the latest sale price for the house of £117,950 on 5 Mar 1996. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £117,950 | 5 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 1996 the House Price Index for SOMERSET was 26.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 457.133%.Applying this 457.133% change to the original purchase price of £117,950 results in an estimated price of approximately £657,138.
| 5 Mar 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 146.7 | 457.133 % | £117,950 | £539,188 | £657,138 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 328.987 % | £388,040 | £505,990 |
| 3 Month Average | 305.696 % | £360,567 | £478,517 |
| 6 Month Average | 347.221 % | £409,547 | £527,497 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 13 Jun 2013.
The average size of a house on PEILE DRIVE is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Craig Lea |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Greenway Crescent |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Greenway Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rosebery Street |
| Jan 2024 | Public order | Under investigation | On or near Rosebery Street |