£275,598
This estimated value is based upon the latest sale price for the house of £264,000 on 22 Mar 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£264,000 | 22 Mar 2022 |
£184,000 | 30 Jul 2014 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 March 2022 the House Price Index for SOMERSET was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £264,000 results in an estimated price of approximately £275,598.
22 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £264,000 | £11,598 | £275,598 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 7.478 % | £19,740 | £283,740 |
3 Month Average | 1.082 % | £2,856 | £266,856 |
6 Month Average | -1.899 % | £-5,014 | £258,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £261,745 | £256,500 | 34 MASSINGHAM PARK |
27 Mar 2023 | £134,242 | £132,000 | 196 MASSINGHAM PARK |
13 Jan 2023 | £265,710 | £265,000 | 1 MASSINGHAM PARK |
16 Aug 2022 | £231,081 | £230,000 | 5 DRAYCOTT AVENUE |
22 Jul 2022 | £151,518 | £150,000 | 102 MASSINGHAM PARK |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 15 Dec 2021. Using an estimated price of £275,598 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on MASSINGHAM PARK is 65 sq meters (705 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Massingham Park |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Massingham Park |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Massingham Park |
Jun 2024 | Anti-social behaviour | On or near Massingham Park | |
Jun 2024 | Anti-social behaviour | On or near Massingham Park |