£228,883
This estimated value is based upon the latest sale price for the house of £45,500 on 19 Sep 1997. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £45,500 | 19 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 1997 the House Price Index for SOMERSET was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £45,500 results in an estimated price of approximately £228,883.
| 19 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £45,500 | £183,383 | £228,883 |
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 | 379.639 % | £172,735 | £218,235 |
| 3 Month Average | 390.888 % | £177,854 | £223,354 |
| 6 Month Average | 397.738 % | £180,970 | £226,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £194,283 | £190,000 | 8 RIVERSIDE |
| 4 Aug 2023 | £593,199 | £582,500 | 6 HIGH PATH |
| 13 Sep 2022 | £289,806 | £290,000 | 47 SPRINGFIELD ROAD |
| 22 Jul 2022 | £272,733 | £270,000 | 97 SPRINGFIELD ROAD |
| 22 Apr 2022 | £274,917 | £265,000 | 41 SPRINGFIELD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 9 Dec 2014. Using an estimated price of £228,884 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Station Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Station Road |
| Aug 2024 | Drugs | Further action is not in the public interest | On or near Station Road |
| Oct 2024 | Public order | Further investigation is not in the public interest | On or near Holyoake Street |