£317,103
This estimated value is based upon the latest sale price for the house of £183,500 on 7 Jan 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£183,500 | 7 Jan 2011 |
£82,500 | 18 Dec 1998 |
Terraced |
Leasehold |
Floor Area: 128 sq meters or 1,377 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 2011 the House Price Index for SOMERSET was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £183,500 results in an estimated price of approximately £317,103.
7 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £183,500 | £133,603 | £317,103 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 47.830 % | £87,767 | £271,267 |
3 Month Average | 62.166 % | £114,073 | £297,573 |
6 Month Average | 34.390 % | £63,105 | £246,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £135,000 | £135,000 | 21 MARSHFIELD ROAD |
14 May 2024 | £196,000 | £196,000 | 6 LOWER MEADOW ROAD |
14 Aug 2023 | £320,786 | £315,000 | 72 ALCOMBE ROAD |
1 Sep 2022 | £212,358 | £212,500 | 40 LOWER MEADOW ROAD |
31 Aug 2022 | £293,874 | £292,500 | 49 FOWNES ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 19 Mar 2014. Using an estimated price of £317,104 means this house is valued at £2,477 per sq meter (£230 per sq foot).
The average size of a house on FOWNES ROAD is 115 sq meters (1,240 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Marshfield Road | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lower Meadow Road |
Aug 2024 | Anti-social behaviour | On or near Lower Meadow Road | |
Aug 2024 | Anti-social behaviour | On or near Lower Meadow Road | |
Aug 2024 | Anti-social behaviour | On or near Lower Meadow Road |