£444,326
This estimated value is based upon the latest sale price for the house of £237,000 on 2 Nov 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £237,000 | 2 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 November 2004 the House Price Index for SOMERSET was 78.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 87.479%.Applying this 87.479% change to the original purchase price of £237,000 results in an estimated price of approximately £444,326.
| 2 Nov 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.0 | 87.479 % | £237,000 | £207,326 | £444,326 |
The Postcode Pricing Model uses changes in average sales price within the TA16 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 | 268.631 % | £636,656 | £873,656 |
| 3 Month Average | 244.999 % | £580,646 | £817,646 |
| 6 Month Average | 45.679 % | £108,258 | £345,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2022 | £127,926 | £130,000 | 6 BROADWAY |
| 15 Aug 2022 | £223,490 | £225,000 | 6 OLD HITCHEN |
| 27 Jul 2022 | £199,730 | £200,000 | 8 BROADWAY |
| 23 Sep 2021 | £273,677 | £255,000 | 9 ORCHARD DRIVE |
| 21 Jun 2021 | £245,776 | £230,000 | 1 HITCHEN |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 23 Apr 2015. Using an estimated price of £444,326 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on BROADWAY is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Orchard Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hitchen |
| Mar 2024 | Other theft | Under investigation | On or near Old Hitchen |
| Mar 2024 | Other theft | Under investigation | On or near Broadway |
| Mar 2024 | Shoplifting | Under investigation | On or near Broadway |