£320,857
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £320,000 | 27 Jan 2023 |
| £198,000 | 23 May 2008 |
| £146,000 | 25 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2023 the House Price Index for SOMERSET was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £320,000 results in an estimated price of approximately £320,857.
| 27 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £320,000 | £857 | £320,857 |
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 | 18.962 % | £60,678 | £380,678 |
| 3 Month Average | -2.957 % | £-9,461 | £310,538 |
| 6 Month Average | -5.448 % | £-17,433 | £302,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £200,150 | £194,000 | 135 REDLAKE DRIVE |
| 3 Nov 2023 | £277,032 | £270,000 | 15 REDLAKE DRIVE |
| 22 Sep 2023 | £204,508 | £200,000 | 137 REDLAKE DRIVE |
| 22 Sep 2023 | £260,748 | £255,000 | 103 REDLAKE DRIVE |
| 7 Sep 2023 | £194,283 | £190,000 | 76 REDLAKE DRIVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 15 Feb 2018. Using an estimated price of £320,857 means this house is valued at £3,307 per sq meter (£307 per sq foot).
The average size of a house on REDLAKE DRIVE is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parrett Mead |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parrett Mead |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynor Close |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Lynor Close |
| Apr 2024 | Anti-social behaviour | On or near Marden Grove |