£97,185
This estimated value is based upon the latest sale price for the house of £56,250 on 3 Feb 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£56,250 | 3 Feb 2012 |
£52,000 | 3 Jul 2009 |
£59,950 | 13 Jun 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 431 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 2012 the House Price Index for SOMERSET was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £56,250 results in an estimated price of approximately £97,185.
3 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £56,250 | £40,935 | £97,185 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 68.841 % | £38,723 | £94,973 |
3 Month Average | 45.760 % | £25,739 | £81,989 |
6 Month Average | 47.737 % | £26,852 | £83,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £72,631 | £72,000 | FLAT 34 HOMELANE HOUSE RECTORY ROAD |
25 Mar 2024 | £64,999 | £64,000 | FLAT 18 HOMELANE HOUSE RECTORY ROAD |
15 Dec 2023 | £117,614 | £114,000 | 38 ALLANDALE COURT RECTORY ROAD |
14 Dec 2023 | £175,338 | £169,950 | 29 ALLANDALE COURT RECTORY ROAD |
1 Dec 2023 | £288,877 | £280,000 | 1 THE GROVE MEWS |
This house has a floor area of 40 sq meters or 431 sq feet when measured on 14 Apr 2011. Using an estimated price of £97,185 means this house is valued at £2,424 per sq meter (£225 per sq foot).
The average size of a house on RECTORY ROAD is 66 sq meters (720 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near The Grove |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Players Lane |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Players Lane |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Charlestone Road |