£177,195
This estimated value is based upon the latest sale price for the house of £174,000 on 7 Aug 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Heritage Court
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Price Paid | Date |
---|---|
£174,000 | 7 Aug 2023 |
£125,000 | 30 Nov 2007 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 August 2023 the House Price Index for SOMERSET was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £174,000 results in an estimated price of approximately £177,195.
7 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £174,000 | £3,195 | £177,195 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | -11.039 % | £-19,208 | £154,791 |
3 Month Average | 18.688 % | £32,517 | £206,517 |
6 Month Average | -15.283 % | £-26,592 | £147,407 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £198,043 | £195,000 | 2 CAVENDISH LODGE MAGDALENE STREET |
13 Dec 2023 | £199,634 | £193,500 | FLAT 2 7A BENEDICT STREET |
7 Aug 2023 | £177,196 | £174,000 | 26 HERITAGE COURT MAGDALENE STREET |
13 Apr 2023 | £179,864 | £176,500 | 31 CAVENDISH LODGE MAGDALENE STREET |
31 Mar 2023 | £144,412 | £142,000 | 39 CAVENDISH LODGE MAGDALENE STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Jun 2021. Using an estimated price of £177,196 means this house is valued at £2,812 per sq meter (£261 per sq foot).
The average size of a house on MAGDALENE STREET is 64 sq meters (694 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Heritage Court | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Heritage Court |
Jul 2024 | Burglary | Under investigation | On or near Heritage Court |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Heritage Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Heritage Court |