£535,028
This estimated value is based upon the latest sale price for the house of £495,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £495,000 | 18 Jun 2021 |
| £280,000 | 7 Nov 2013 |
| £155,000 | 12 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2021 the House Price Index for SOMERSET was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £495,000 results in an estimated price of approximately £535,028.
| 18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £495,000 | £40,028 | £535,028 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | -28.641 % | £-141,772 | £353,227 |
| 3 Month Average | -6.430 % | £-31,829 | £463,170 |
| 6 Month Average | 11.696 % | £57,892 | £552,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £297,584 | £295,000 | 8 ORCHARD WAY |
| 10 Nov 2023 | £687,450 | £670,000 | CALENDAR COTTAGE SILVER STREET |
| 23 Jun 2023 | £178,579 | £175,000 | FIRST STEP UNITY LANE |
| 10 Mar 2023 | £236,449 | £232,500 | 14 THE AVENUE |
| 23 Jan 2023 | £892,384 | £890,000 | OLD BARN MIDDLE STREET |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 12 May 2021. Using an estimated price of £535,029 means this house is valued at £3,963 per sq meter (£368 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Close Drive | |
| Apr 2024 | Anti-social behaviour | On or near Close Drive | |
| Apr 2024 | Anti-social behaviour | On or near Close Drive | |
| Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Close Drive |
| Apr 2024 | Anti-social behaviour | On or near Close Drive |