£456,029
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Aug 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £340,000 | 25 Aug 2016 |
| £336,000 | 23 Nov 2007 |
| £181,985 | 28 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,260 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 August 2016 the House Price Index for SOMERSET was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £340,000 results in an estimated price of approximately £456,029.
| 25 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £340,000 | £116,029 | £456,029 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | 44.531 % | £151,405 | £491,405 |
| 3 Month Average | 23.889 % | £81,221 | £421,221 |
| 6 Month Average | 45.207 % | £153,704 | £493,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Aug 2024 | £450,000 | £450,000 | 7 MEAD CLOSE |
| 24 Nov 2023 | £477,111 | £465,000 | 4 GLEBELANDS CLOSE |
| 13 Nov 2023 | £348,855 | £340,000 | 12 LABOURHAM WAY |
| 15 Aug 2023 | £483,724 | £475,000 | 6 GLEBELANDS CLOSE |
| 24 Aug 2022 | £477,232 | £475,000 | 20 THYNNE CLOSE |
This house has a floor area of 117 sq meters or 1,260 sq feet when measured on 16 Nov 2009. Using an estimated price of £456,029 means this house is valued at £3,894 per sq meter (£361 per sq foot).
The average size of a house on TOWER CLOSE is 163 sq meters (1,757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Anti-social behaviour | On or near Glebe Lands Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Lands Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Yeo Close |