£314,407
This estimated value is based upon the latest sale price for the house of £193,000 on 27 Feb 2007. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£193,000 | 27 Feb 2007 |
£179,995 | 20 Aug 2004 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 February 2007 the House Price Index for SOMERSET was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £193,000 results in an estimated price of approximately £314,407.
27 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £193,000 | £121,407 | £314,407 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 26.506 % | £51,156 | £244,156 |
3 Month Average | 41.798 % | £80,670 | £273,670 |
6 Month Average | 49.622 % | £95,770 | £288,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2022 | £246,959 | £249,950 | 14 MORAVIA CLOSE |
25 Feb 2022 | £120,600 | £115,000 | 42 LORDS WAY |
2 Jul 2021 | £209,741 | £182,500 | GARAGE FOR 23 LORDS WAY |
13 Nov 2020 | £172,164 | £148,500 | 56 WORDSWORTH AVENUE |
5 Nov 2020 | £264,333 | £228,000 | 38 MORAVIA CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 1 May 2012. Using an estimated price of £314,408 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on MORAVIA CLOSE is 96 sq meters (1,038 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moravia Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Countess Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Avenue |
Dec 2023 | Other theft | Under investigation | On or near Wordsworth Avenue |