£233,916
This estimated value is based upon the latest sale price for the house of £195,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £195,000 | 12 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2020 the House Price Index for SOMERSET was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £195,000 results in an estimated price of approximately £233,916.
| 12 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £195,000 | £38,916 | £233,916 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 66.244 % | £129,175 | £324,175 |
| 3 Month Average | 28.363 % | £55,307 | £250,307 |
| 6 Month Average | 28.402 % | £55,384 | £250,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £222,101 | £220,000 | 5 DRAYCOTT ROAD |
| 30 Jun 2023 | £342,779 | £340,000 | THE LOFT 44 PIKE LANE |
| 8 Mar 2023 | £130,707 | £130,000 | FLAT 5 ROYAL OAK HOUSE, 46 COMMERCIAL ROAD |
| 30 Jan 2023 | £208,171 | £210,000 | 4 CATS ASH |
| 27 May 2022 | £177,641 | £175,000 | 46 MEADOW RISE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 20 Sep 2019. Using an estimated price of £233,917 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on COMMERCIAL ROAD is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Zion Hill |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Road |