£1,047,186
This estimated value is based upon the latest sale price for the house of £660,000 on 27 Jun 2007. 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 The Park
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Price Paid | Date |
---|---|
£660,000 | 27 Jun 2007 |
£244,500 | 11 Aug 1998 |
Detached |
Freehold |
Floor Area: 213 sq meters or 2,301 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 2007 the House Price Index for SOMERSET was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £660,000 results in an estimated price of approximately £1,047,186.
27 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £660,000 | £387,186 | £1,047,186 |
The Postcode Pricing Model uses changes in average sales price within the BA7 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 | 183.651 % | £1,212,098 | £1,872,098 |
3 Month Average | 58.093 % | £383,414 | £1,043,414 |
6 Month Average | 85.651 % | £565,297 | £1,225,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £962,960 | £950,000 | GARDEN COTTAGE SOUTH STREET |
16 Jan 2023 | £368,265 | £370,000 | 7 PARK AVENUE |
5 Aug 2022 | £239,356 | £240,000 | 2 SWISS COTTAGES |
22 Jul 2022 | £182,090 | £181,600 | FLAT 2 MITRE PLACE THE PARK |
10 Jun 2022 | £170,408 | £168,000 | FLAT 4 MITRE PLACE CHURCH STREET |
This house has a floor area of 213 sq meters or 2,301 sq feet when measured on 12 May 2011. Using an estimated price of £1,047,186 means this house is valued at £4,897 per sq meter (£454 per sq foot).
The average size of a house on SOUTH STREET is 133 sq meters (1,440 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near The Park |
Dec 2023 | Anti-social behaviour | On or near Millbrook Gardens | |
Dec 2023 | Anti-social behaviour | On or near Millbrook Gardens | |
Dec 2023 | Anti-social behaviour | On or near Millbrook Gardens | |
Dec 2023 | Anti-social behaviour | On or near Millbrook Gardens |