£224,009
This estimated value is based upon the latest sale price for the house of £180,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £180,000 | 25 Jan 2019 |
| £118,000 | 26 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 963 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 January 2019 the House Price Index for SOMERSET was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £180,000 results in an estimated price of approximately £224,009.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £180,000 | £44,009 | £224,009 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | -2.882 % | £-5,188 | £174,811 |
| 3 Month Average | 8.857 % | £15,942 | £195,942 |
| 6 Month Average | 7.250 % | £13,050 | £193,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £215,000 | £215,000 | 45 ROSEWOOD CLOSE |
| 20 Dec 2023 | £438,473 | £425,000 | 29 FRIARS WAY |
| 24 Nov 2023 | £266,772 | £260,000 | 21 ROSEWOOD CLOSE |
| 20 Nov 2023 | £189,818 | £185,000 | 53 ROSEWOOD CLOSE |
| 25 Sep 2023 | £196,328 | £192,000 | 57 ROSEWOOD CLOSE |
This house has a floor area of 89 sq meters or 963 sq feet when measured on 15 Mar 2012. Using an estimated price of £224,010 means this house is valued at £2,502 per sq meter (£232 per sq foot).
The average size of a house on MENDIP WAY is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Quantock Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Rosewood Avenue |