£228,631
This estimated value is based upon the latest sale price for the house of £185,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£185,000 | 20 Dec 2019 |
£133,000 | 19 Jun 2009 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 December 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £185,000 results in an estimated price of approximately £228,631.
20 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £185,000 | £43,631 | £228,631 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | -15.713 % | £-29,068 | £155,931 |
3 Month Average | 22.593 % | £41,796 | £226,796 |
6 Month Average | 25.567 % | £47,299 | £232,299 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £249,839 | £246,000 | 4 FEVERSHAM WAY |
9 Nov 2023 | £164,167 | £160,000 | 10 LUDLOW AVENUE |
18 Apr 2023 | £220,117 | £216,000 | 49 FARM VIEW |
2 Mar 2023 | £218,652 | £215,000 | 7 LUDLOW AVENUE |
2 Nov 2022 | £209,023 | £210,000 | 14 HEREFORD DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Oct 2019. Using an estimated price of £228,631 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on ROCHESTER ROAD is 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Road |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Warwick Road |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Rochester Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rochester Road |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Rochester Road |