£142,398
This estimated value is based upon the latest sale price for the house of £103,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£103,000 | 15 Jan 2016 |
£72,000 | 8 Feb 2003 |
£48,000 | 21 Mar 2001 |
Terraced |
Freehold |
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 2016 the House Price Index for SOMERSET was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £103,000 results in an estimated price of approximately £142,398.
15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £103,000 | £39,398 | £142,398 |
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 | 35.875 % | £36,951 | £139,951 |
3 Month Average | 53.620 % | £55,228 | £158,228 |
6 Month Average | 53.527 % | £55,132 | £158,132 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2024 | £246,500 | £246,500 | GARAGE ADJOINING 8 WEAVERS REACH |
22 Mar 2024 | £264,057 | £260,000 | 11 WEAVERS REACH |
18 Sep 2023 | £260,748 | £255,000 | 15 WEAVERS REACH |
11 Aug 2023 | £287,180 | £282,000 | 42 MILLSTREAM GARDENS |
30 Nov 2022 | £154,279 | £155,000 | 74 MILLSTREAM GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Mill Stream Gardens |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Mill Stream Gardens |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Stream Gardens |
Aug 2024 | Anti-social behaviour | On or near Mill Stream Gardens | |
Aug 2024 | Anti-social behaviour | On or near Mill Stream Gardens |