£450,225
This estimated value is based upon the latest sale price for the house of £440,000 on 29 Feb 2024. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£440,000 | 29 Feb 2024 |
£340,000 | 28 Oct 2016 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,670 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 2024 the House Price Index for SOMERSET was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £440,000 results in an estimated price of approximately £450,225.
29 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £440,000 | £10,225 | £450,225 |
The Postcode Pricing Model uses changes in average sales price within the TA10 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 | 164.831 % | £725,257 | £1,165,257 |
3 Month Average | 45.571 % | £200,511 | £640,511 |
6 Month Average | -10.470 % | £-46,070 | £393,929 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £430,616 | £424,000 | THE MERCHANTS HOUSE THE HILL |
29 Sep 2023 | £1,267,951 | £1,240,000 | HILL HOUSE THE HILL |
24 Oct 2022 | £513,286 | £515,000 | GARDENSIDE 4 ST GILDAS CLOSE |
31 May 2022 | £1,724,938 | £1,680,000 | ST. GILDAS HOUSE THE HILL |
3 Feb 2022 | £369,760 | £350,000 | 3 THE FIRS |
This house has a floor area of 155 sq meters or 1,670 sq feet when measured on 7 Jun 2011.
The average size of a house on THE HILL is 155 sq meters (1,669 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Under investigation | On or near The Hill |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Vale |
Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near The Embankment |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Embankment |