£390,497
This estimated value is based upon the latest sale price for the house of £315,000 on 13 Aug 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £315,000 | 13 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 August 2019 the House Price Index for SOMERSET was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £315,000 results in an estimated price of approximately £390,497.
| 13 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £315,000 | £75,497 | £390,497 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 18.196 % | £57,317 | £372,317 |
| 3 Month Average | 2.532 % | £7,974 | £322,974 |
| 6 Month Average | 10.824 % | £34,095 | £349,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £158,688 | £156,250 | 2 HENLEY ROAD |
| 14 Dec 2023 | £371,413 | £360,000 | 42 ASHLEY ROAD |
| 9 Jun 2023 | £346,953 | £340,000 | 10 MANOR ORCHARD |
| 8 Aug 2022 | £557,607 | £555,000 | 13 HENLEY ROAD |
| 29 Jul 2022 | £353,543 | £350,000 | 39 ASHLEY ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 9 Feb 2019. Using an estimated price of £390,497 means this house is valued at £2,809 per sq meter (£260 per sq foot).
The average size of a house on ASHLEY ROAD is 135 sq meters (1,462 sq feet).