£290,448
This estimated value is based upon the latest sale price for the house of £293,000 on 30 Jan 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £293,000 | 30 Jan 2023 |
| £170,000 | 4 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £293,000 results in an estimated price of approximately £290,448.
| 30 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £293,000 | £-2,551 | £290,448 |
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 | 10.127 % | £29,671 | £322,671 |
| 3 Month Average | 9.691 % | £28,394 | £321,394 |
| 6 Month Average | -7.817 % | £-22,904 | £270,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £232,413 | £231,000 | 12 PARMIN WAY |
| 25 Aug 2023 | £261,591 | £260,000 | 12 BYRON ROAD |
| 15 Aug 2023 | £291,774 | £290,000 | 83 SEVERN DRIVE |
| 19 Jun 2023 | £98,801 | £98,000 | 7A NORMANDY DRIVE |
| 31 Mar 2023 | £183,995 | £183,000 | 24 WORDSWORTH DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 15 Aug 2018. Using an estimated price of £290,449 means this house is valued at £4,922 per sq meter (£457 per sq foot).
The average size of a house on PARMIN WAY is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Parmin Way | |
| Jan 2024 | Anti-social behaviour | On or near Parmin Way | |
| Jan 2024 | Anti-social behaviour | On or near Parmin Way | |
| Jan 2024 | Other theft | Under investigation | On or near Parmin Way |
| Jan 2024 | Anti-social behaviour | On or near Parmin Way |