£252,593
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Jun 2014. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £165,000 | 20 Jun 2014 |
| £171,000 | 25 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for SOMERSET was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £165,000 results in an estimated price of approximately £252,593.
| 20 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £165,000 | £87,593 | £252,593 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 54.747 % | £90,332 | £255,332 |
| 3 Month Average | 43.286 % | £71,422 | £236,422 |
| 6 Month Average | 31.886 % | £52,611 | £217,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £212,500 | £212,500 | FLAT 17 COMPASS COURT COMPASS RISE |
| 16 Mar 2023 | £221,145 | £219,950 | FLAT 22 COMPASS COURT COMPASS RISE |
| 6 Jan 2023 | £361,822 | £365,000 | 3 WILTON GROVE |
| 18 Feb 2022 | £783,345 | £750,000 | OSBORNE HOUSE TRULL ROAD |
| 17 Nov 2021 | £543,959 | £505,000 | 9 WILTON GROVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 2 May 2009. Using an estimated price of £252,593 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on COMPASS RISE is 98 sq meters (1,056 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).