£164,419
This estimated value is based upon the latest sale price for the house of £157,500 on 2 Mar 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £157,500 | 2 Mar 2022 |
| £125,000 | 26 Jan 2018 |
| £130,000 | 29 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 £157,500 results in an estimated price of approximately £164,419.
| 2 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £157,500 | £6,919 | £164,419 |
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 | -19.912 % | £-31,361 | £126,138 |
| 3 Month Average | 1.558 % | £2,453 | £159,953 |
| 6 Month Average | 6.306 % | £9,931 | £167,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £179,067 | £175,000 | FLAT 3 ESSEX COURT ESSEX DRIVE |
| 14 Mar 2023 | £106,783 | £105,000 | 19 LANGHAM GARDENS |
| 5 Aug 2022 | £81,381 | £81,000 | 9 LANGHAM GARDENS |
| 1 Jul 2022 | £222,732 | £220,500 | 34 LANGHAM GARDENS |
| 18 Mar 2022 | £168,073 | £161,000 | FLAT 10 ILFORD COURT WILTSHIRE CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Nov 2021. Using an estimated price of £164,419 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on ESSEX DRIVE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Roland Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Burch'S Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Burch'S Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Trevett Road |
| May 2024 | Anti-social behaviour | On or near Trevett Road |