£236,483
This estimated value is based upon the latest sale price for the house of £192,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £192,000 | 3 Apr 2019 |
| £65,500 | 19 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £192,000 results in an estimated price of approximately £236,483.
| 3 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £192,000 | £44,483 | £236,483 |
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 | 7.077 % | £13,588 | £205,588 |
| 3 Month Average | 29.619 % | £56,868 | £248,868 |
| 6 Month Average | 9.752 % | £18,723 | £210,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £197,741 | £194,000 | 135 REDLAKE DRIVE |
| 6 Dec 2023 | £312,920 | £307,000 | 25 MARDEN GROVE |
| 3 Nov 2023 | £273,511 | £270,000 | 15 REDLAKE DRIVE |
| 24 Mar 2023 | £278,505 | £277,000 | 93 REDLAKE DRIVE |
| 27 Jan 2023 | £317,214 | £320,000 | 63 REDLAKE DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Feb 2016. Using an estimated price of £236,484 means this house is valued at £3,071 per sq meter (£285 per sq foot).
The average size of a house on REDLAKE DRIVE is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Parrett Mead |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Tyne Park |
| Apr 2024 | Anti-social behaviour | On or near Marden Grove | |
| Mar 2024 | Anti-social behaviour | On or near Marden Grove | |
| Mar 2024 | Anti-social behaviour | On or near Marden Grove |