£355,062
This estimated value is based upon the latest sale price for the house of £285,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £285,000 | 12 Apr 2019 |
| £231,000 | 12 Feb 2010 |
| £98,000 | 23 Apr 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 April 2019 the House Price Index for SOMERSET was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £285,000 results in an estimated price of approximately £355,062.
| 12 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £285,000 | £70,062 | £355,062 |
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 | -11.562 % | £-32,953 | £252,046 |
| 3 Month Average | 37.696 % | £107,432 | £392,432 |
| 6 Month Average | 27.889 % | £79,484 | £364,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £214,734 | £210,000 | 11 HITCHEN |
| 1 Nov 2022 | £129,395 | £130,000 | 6 BROADWAY |
| 15 Aug 2022 | £226,057 | £225,000 | 6 OLD HITCHEN |
| 27 Jul 2022 | £202,024 | £200,000 | 8 BROADWAY |
| 23 Sep 2021 | £276,820 | £255,000 | 9 ORCHARD DRIVE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 5 Feb 2019. Using an estimated price of £355,063 means this house is valued at £2,572 per sq meter (£239 per sq foot).
The average size of a house on BROADWAY is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Old Hitchen | |
| May 2024 | Anti-social behaviour | On or near Old Hitchen | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hitchen |
| May 2024 | Anti-social behaviour | On or near Old Hitchen | |
| May 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Old Hitchen |