£274,495
This estimated value is based upon the latest sale price for the house of £225,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £225,000 | 19 Jun 2020 |
| £73,000 | 20 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 June 2020 the House Price Index for SOMERSET was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £225,000 results in an estimated price of approximately £274,495.
| 19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £225,000 | £49,495 | £274,495 |
The Postcode Pricing Model uses changes in average sales price within the TA16 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 | -11.968 % | £-26,927 | £198,072 |
| 3 Month Average | 11.370 % | £25,582 | £250,582 |
| 6 Month Average | 11.155 % | £25,098 | £250,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £271,159 | £265,000 | 54 HITCHEN |
| 28 Sep 2023 | £214,734 | £210,000 | 11 HITCHEN |
| 31 Mar 2023 | £264,416 | £260,000 | 2 POPULAR PLACE |
| 10 Mar 2023 | £208,482 | £205,000 | 13 SHERLANDS |
| 21 Feb 2023 | £300,608 | £298,600 | 6 GREYS ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 23 Mar 2020. Using an estimated price of £274,495 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on HITCHEN is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Hitchen |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Piece |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near The Piece |
| May 2024 | Violence and sexual offences | Under investigation | On or near The Piece |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Piece |