£196,555
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£170,000 | 4 Dec 2020 |
Detached |
Freehold |
Floor Area: 48 sq meters or 516 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 December 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £170,000 results in an estimated price of approximately £196,555.
4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £170,000 | £26,555 | £196,555 |
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 | 28.021 % | £47,635 | £217,635 |
3 Month Average | 6.475 % | £11,008 | £181,008 |
6 Month Average | 8.428 % | £14,327 | £184,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £386,888 | £375,000 | 12 MOUNTFIELDS ROAD |
12 Oct 2023 | £409,296 | £400,000 | 31 HARP CHASE |
24 Feb 2023 | £414,771 | £412,000 | 21 HARP CHASE |
28 Jul 2022 | £313,138 | £310,000 | 13 FREMANTLE ROAD |
30 Jun 2022 | £245,242 | £240,000 | 16 STOKE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 Aug 2020. Using an estimated price of £196,556 means this house is valued at £4,094 per sq meter (£380 per sq foot).
The average size of a house on STOKE ROAD is 123 sq meters (1,328 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Harp Chase |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Greenlands |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Greenlands |
May 2024 | Other theft | Under investigation | On or near Greenlands |
May 2024 | Other theft | Under investigation | On or near Greenlands |