£166,580
This estimated value is based upon the latest sale price for the house of £104,000 on 9 May 2008. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £104,000 | 9 May 2008 |
| £87,500 | 10 May 2005 |
| £85,000 | 30 Sep 2004 |
| £68,500 | 29 Sep 2003 |
| £27,500 | 30 Sep 1997 |
| £22,500 | 28 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 34 sq meters or 365 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 May 2008 the House Price Index for SOMERSET was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £104,000 results in an estimated price of approximately £166,580.
| 9 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £104,000 | £62,580 | £166,580 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | 18.709 % | £19,457 | £123,457 |
| 3 Month Average | 33.399 % | £34,734 | £138,734 |
| 6 Month Average | 20.075 % | £20,878 | £124,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £139,280 | £135,000 | 10 DAIRY COURT |
| 13 Dec 2023 | £247,609 | £240,000 | 63 HERMITAGE STREET |
| 8 Dec 2023 | £139,280 | £135,000 | 3 DAIRY COURT |
| 13 Oct 2023 | £121,766 | £119,000 | 8 DAIRY COURT |
| 15 Sep 2023 | £138,043 | £135,000 | 54 HERMITAGE STREET |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 7 Apr 2016. Using an estimated price of £166,580 means this house is valued at £4,899 per sq meter (£455 per sq foot).
The average size of a house on HERMITAGE STREET is 82 sq meters (883 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Ivelway | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Ivelway |
| Oct 2024 | Other theft | Under investigation | On or near Middle Path |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Middle Path |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Middle Path |