£578,263
This estimated value is based upon the latest sale price for the house of £535,000 on 8 Jun 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£535,000 | 8 Jun 2021 |
£505,000 | 31 Mar 2016 |
£305,000 | 1 Jul 2008 |
£237,500 | 11 Dec 2001 |
£120,000 | 7 May 1998 |
Detached |
Freehold |
Floor Area: 281 sq meters or 3,024 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 June 2021 the House Price Index for SOMERSET was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £535,000 results in an estimated price of approximately £578,263.
8 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £535,000 | £43,263 | £578,263 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 30.533 % | £163,349 | £698,349 |
3 Month Average | 29.062 % | £155,480 | £690,480 |
6 Month Average | 28.346 % | £151,652 | £686,652 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £287,497 | £285,000 | 95B WEMBDON ROAD |
6 Apr 2023 | £331,195 | £325,000 | 19 CARVER CLOSE |
6 Jan 2022 | £249,147 | £235,000 | 28 BONITA DRIVE |
13 Dec 2021 | £275,224 | £255,000 | 30A BONITA DRIVE |
18 Nov 2021 | £151,443 | £139,000 | APARTMENT 12 2 BONITA DRIVE |
This house has a floor area of 281 sq meters or 3,024 sq feet when measured on 23 Apr 2015. Using an estimated price of £578,264 means this house is valued at £2,057 per sq meter (£191 per sq foot).
The average size of a house on WEMBDON ROAD is 148 sq meters (1,598 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Awaiting court outcome | On or near Carver Close |
Jun 2024 | Anti-social behaviour | On or near Carver Close | |
Jun 2024 | Anti-social behaviour | On or near Carver Close | |
Jun 2024 | Anti-social behaviour | On or near Carver Close | |
Jun 2024 | Anti-social behaviour | On or near Carver Close |