£414,338
This estimated value is based upon the latest sale price for the house of £325,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£325,000 | 31 Jul 2017 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2017 the House Price Index for SOMERSET was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £325,000 results in an estimated price of approximately £414,338.
31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £325,000 | £89,338 | £414,338 |
The Postcode Pricing Model uses changes in average sales price within the TA21 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 | 68.573 % | £222,863 | £547,863 |
3 Month Average | 32.107 % | £104,348 | £429,348 |
6 Month Average | 34.007 % | £110,521 | £435,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £380,635 | £375,000 | 20 JOHN GRINTER WAY |
16 Nov 2023 | £426,312 | £420,000 | 10 ELWORTHY DRIVE |
18 Sep 2023 | £369,727 | £365,000 | 24A ASHFORD ROAD |
21 Aug 2023 | £353,089 | £350,000 | 54 WELLESLEY PARK |
16 Aug 2023 | £361,160 | £358,000 | 62 WELLESLEY PARK |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 23 Mar 2017. Using an estimated price of £414,339 means this house is valued at £3,571 per sq meter (£331 per sq foot).
The average size of a house on WELLESLEY PARK is 134 sq meters (1,450 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Park |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Grinter Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Webbers Close |
Feb 2024 | Vehicle crime | Under investigation | On or near The Brambles |
Apr 2024 | Other theft | Under investigation | On or near Bulford Lane |