£804,838
This estimated value is based upon the latest sale price for the house of £700,000 on 22 Jan 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £700,000 | 22 Jan 2021 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 January 2021 the House Price Index for SOMERSET was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £700,000 results in an estimated price of approximately £804,838.
| 22 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 149.7 | 14.977 % | £700,000 | £104,838 | £804,838 |
The Postcode Pricing Model uses changes in average sales price within the TA10 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 | -50.439 % | £-353,071 | £346,928 |
| 3 Month Average | 22.589 % | £158,119 | £858,119 |
| 6 Month Average | 16.491 % | £115,440 | £815,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £107,367 | £105,000 | FLAT 2 RAILWAY HOTEL |
| 17 Feb 2023 | £130,874 | £130,000 | BAULKS YARD BOW STREET |
| 20 Jan 2023 | £138,370 | £138,000 | FLAT 5 RAILWAY HOTEL |
| 18 Jan 2023 | £406,085 | £405,000 | 1 THE COVERTS NORTH STREET |
| 14 Apr 2022 | £423,268 | £408,000 | APPLE TREES |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 26 Feb 2019. Using an estimated price of £804,839 means this house is valued at £3,609 per sq meter (£335 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Park Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Portfield Lane |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Stacey'S Court |
| Aug 2024 | Anti-social behaviour | On or near Beard'S Yard |