£364,005
This estimated value is based upon the latest sale price for the house of £300,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £300,000 | 27 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2020 the House Price Index for SOMERSET was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £300,000 results in an estimated price of approximately £364,005.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £300,000 | £64,005 | £364,005 |
The Postcode Pricing Model uses changes in average sales price within the TA19 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 | -13.111 % | £-39,333 | £260,666 |
| 3 Month Average | 21.807 % | £65,422 | £365,422 |
| 6 Month Average | 25.749 % | £77,246 | £377,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £257,926 | £250,000 | 65 LADYMEADE |
| 27 Nov 2023 | £58,998 | £57,500 | FLAT 14 MUCHELNEY HOUSE ABBOTS CLOSE |
| 24 Oct 2023 | £291,623 | £285,000 | 13 LADYMEADE |
| 21 Apr 2023 | £224,193 | £220,000 | 35 LADYMEADE |
| 3 Mar 2023 | £223,736 | £220,000 | 25 LADYMEADE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 12 Nov 2019. Using an estimated price of £364,006 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on LADYMEADE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Summervale Mews | |
| Apr 2024 | Anti-social behaviour | On or near Summervale Mews | |
| Apr 2024 | Anti-social behaviour | On or near Summervale Mews | |
| Apr 2024 | Anti-social behaviour | On or near Summervale Mews | |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wharf Lane |