£336,905
This estimated value is based upon the latest sale price for the house of £265,000 on 4 Oct 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £265,000 | 4 Oct 2017 |
| £250,000 | 9 Mar 2016 |
| £243,000 | 12 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,143 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 October 2017 the House Price Index for SOMERSET was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £265,000 results in an estimated price of approximately £336,905.
| 4 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £265,000 | £71,905 | £336,905 |
The Postcode Pricing Model uses changes in average sales price within the TA21 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 | 127.773 % | £338,597 | £603,597 |
| 3 Month Average | 53.292 % | £141,223 | £406,223 |
| 6 Month Average | 34.590 % | £91,664 | £356,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £204,457 | £199,950 | 40 RUSSET CLOSE |
| 14 Aug 2023 | £269,867 | £265,000 | 50 RUSSET CLOSE |
| 13 Jan 2023 | £110,295 | £110,000 | 82 RUSSET CLOSE |
| 24 Feb 2022 | £343,349 | £325,000 | 42 RUSSET CLOSE |
| 22 Dec 2021 | £259,034 | £240,000 | 79 RUSSET CLOSE |
This house has a floor area of 106 sq meters or 1,143 sq feet when measured on 1 Mar 2011. Using an estimated price of £336,906 means this house is valued at £3,172 per sq meter (£294 per sq foot).
The average size of a house on RUSSET CLOSE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Baynes Close |
| Jul 2024 | Anti-social behaviour | On or near Russet Close | |
| Jul 2024 | Anti-social behaviour | On or near Russet Close | |
| Jul 2024 | Anti-social behaviour | On or near Russet Close | |
| Jul 2024 | Robbery | Under investigation | On or near Russet Close |