£248,599
This estimated value is based upon the latest sale price for the house of £230,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£230,000 | 11 Jun 2021 |
£187,500 | 15 Jun 2016 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 June 2021 the House Price Index for SOMERSET was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £230,000 results in an estimated price of approximately £248,599.
11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £230,000 | £18,599 | £248,599 |
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 | -28.641 % | £-65,873 | £164,126 |
3 Month Average | -6.430 % | £-14,789 | £215,210 |
6 Month Average | 11.696 % | £26,899 | £256,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £237,291 | £230,000 | 61 MONARCH ROAD |
31 Aug 2023 | £397,163 | £390,000 | 22 MONARCH ROAD |
30 Jun 2023 | £301,033 | £295,000 | 31 JUBILEE CLOSE |
17 Feb 2023 | £231,496 | £229,950 | 23 JUBILEE CLOSE |
16 Sep 2022 | £219,853 | £220,000 | 79 MONARCH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Jan 2017. Using an estimated price of £248,599 means this house is valued at £2,824 per sq meter (£262 per sq foot).
The average size of a house on JUBILEE CLOSE is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Monarch Road |
Jul 2024 | Other theft | On or near Crewkerne (Station) | |
May 2024 | Criminal damage and arson | On or near Crewkerne (Station) | |
May 2024 | Criminal damage and arson | On or near Crewkerne (Station) | |
May 2024 | Criminal damage and arson | On or near Crewkerne (Station) |