£220,411
This estimated value is based upon the latest sale price for the house of £65,250 on 1 Jun 2001. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£65,250 | 1 Jun 2001 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 496 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 2001 the House Price Index for SOMERSET was 43.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 237.795%.Applying this 237.795% change to the original purchase price of £65,250 results in an estimated price of approximately £220,411.
1 Jun 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 148.0 | 237.795 % | £65,250 | £155,161 | £220,411 |
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 | 184.146 % | £120,155 | £185,405 |
3 Month Average | 197.754 % | £129,034 | £194,284 |
6 Month Average | 170.605 % | £111,320 | £176,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £301,835 | £300,000 | 46 TYNE PARK |
1 Jul 2022 | £316,572 | £317,000 | 11 MARDEN GROVE |
27 Jun 2022 | £186,894 | £185,000 | 34 TYNE PARK |
24 Jun 2022 | £186,894 | £185,000 | 7 TYNE PARK |
23 Mar 2022 | £247,699 | £240,000 | 46 REDLAKE DRIVE |
This house has a floor area of 46 sq meters or 496 sq feet when measured on 1 Nov 2008. Using an estimated price of £220,411 means this house is valued at £4,775 per sq meter (£443 per sq foot).
The average size of a house on TYNE PARK is 60 sq meters (648 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Tyne Park |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Blackbrook Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Blackbrook Way |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Witham Close |
Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Parrett Mead |