£291,041
This estimated value is based upon the latest sale price for the house of £180,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £180,000 | 6 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2013 the House Price Index for SOMERSET was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £180,000 results in an estimated price of approximately £291,041.
| 6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £180,000 | £111,041 | £291,041 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 37.948 % | £68,307 | £248,307 |
| 3 Month Average | 56.198 % | £101,156 | £281,156 |
| 6 Month Average | 37.458 % | £67,424 | £247,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £268,243 | £260,000 | 6 WEST PARK CLOSE |
| 16 Oct 2023 | £358,134 | £350,000 | 41 PERITON LANE |
| 28 Apr 2023 | £211,455 | £207,500 | 25 PARKLANDS RISE |
| 4 Apr 2023 | £225,212 | £221,000 | 15 PARKLANDS RISE |
| 31 Mar 2023 | £213,567 | £210,000 | 6 PARKLANDS RISE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Sep 2013. Using an estimated price of £291,042 means this house is valued at £3,424 per sq meter (£318 per sq foot).
The average size of a house on PERITON LANE is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hillview Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Periton Lane |
| Jul 2024 | Anti-social behaviour | On or near Periton Lane | |
| Jul 2024 | Anti-social behaviour | On or near Periton Lane | |
| Jul 2024 | Anti-social behaviour | On or near Periton Lane |