£479,807
This estimated value is based upon the latest sale price for the house of £475,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £475,000 | 11 Jul 2022 |
| £415,000 | 7 Feb 2018 |
| £315,000 | 25 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 July 2022 the House Price Index for SOMERSET was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £475,000 results in an estimated price of approximately £479,807.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £475,000 | £4,807 | £479,807 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | -30.655 % | £-145,611 | £329,388 |
| 3 Month Average | -31.217 % | £-148,281 | £326,718 |
| 6 Month Average | 4.734 % | £22,488 | £497,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Aug 2024 | £450,000 | £450,000 | 7 MEAD CLOSE |
| 24 Nov 2023 | £477,111 | £465,000 | 4 GLEBELANDS CLOSE |
| 13 Nov 2023 | £348,855 | £340,000 | 12 LABOURHAM WAY |
| 15 Aug 2023 | £483,724 | £475,000 | 6 GLEBELANDS CLOSE |
| 24 Aug 2022 | £477,232 | £475,000 | 20 THYNNE CLOSE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 29 Sep 2017. Using an estimated price of £479,808 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on TOWER CLOSE is 163 sq meters (1,757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mead Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Lands Close |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close |