£424,331
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Feb 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£285,000 | 25 Feb 2015 |
£165,000 | 16 Jun 2000 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 February 2015 the House Price Index for SOMERSET was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £285,000 results in an estimated price of approximately £424,331.
25 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £285,000 | £139,331 | £424,331 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 41.687 % | £118,808 | £403,808 |
3 Month Average | 39.270 % | £111,920 | £396,920 |
6 Month Average | 42.405 % | £120,853 | £405,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £327,847 | £325,000 | 26 GIELGUD CLOSE |
31 Mar 2023 | £406,793 | £400,000 | 28 GIELGUD CLOSE |
25 Nov 2022 | £363,301 | £365,000 | 7 GIELGUD CLOSE |
30 Aug 2022 | £421,973 | £420,000 | 35 COOKSON CLOSE |
24 Jun 2022 | £311,662 | £305,000 | 52 GIELGUD CLOSE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 2 Apr 2012. Using an estimated price of £424,331 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on GIELGUD CLOSE is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near The Frank Foley Parkway |
Aug 2024 | Other crime | Under investigation | On or near Pinter Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Pinter Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Pinter Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Pinter Close |