£407,175
This estimated value is based upon the latest sale price for the house of £70,950 on 24 Oct 1995. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £70,950 | 24 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 1995 the House Price Index for SOMERSET was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £70,950 results in an estimated price of approximately £407,175.
| 24 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.891 % | £70,950 | £336,225 | £407,175 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 418.450 % | £296,889 | £367,839 |
| 3 Month Average | 362.194 % | £256,976 | £327,926 |
| 6 Month Average | 358.322 % | £254,229 | £325,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £270,000 | £270,000 | 92 SOUTH STREET |
| 20 Dec 2023 | £283,718 | £275,000 | 83 TRINITY ROAD |
| 23 Nov 2023 | £359,116 | £350,000 | 131 SOUTH STREET |
| 15 Nov 2023 | £307,814 | £300,000 | 169 SOUTH STREET |
| 6 Nov 2023 | £312,944 | £305,000 | 124 SOUTH STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Sep 2020. Using an estimated price of £407,176 means this house is valued at £4,474 per sq meter (£415 per sq foot).
The average size of a house on TRINITY ROAD is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Under investigation | On or near Trinity Road |
| Apr 2024 | Anti-social behaviour | On or near Trinity Road | |
| Apr 2024 | Anti-social behaviour | On or near Trinity Road | |
| Apr 2024 | Anti-social behaviour | On or near Trinity Road | |
| Apr 2024 | Other theft | Under investigation | On or near Trinity Road |