£165,620
This estimated value is based upon the latest sale price for the house of £90,000 on 27 Sep 2005. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £90,000 | 27 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 September 2005 the House Price Index for SOMERSET was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £90,000 results in an estimated price of approximately £165,620.
| 27 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £90,000 | £75,620 | £165,620 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 22.436 % | £20,192 | £110,192 |
| 3 Month Average | 41.557 % | £37,401 | £127,401 |
| 6 Month Average | 63.131 % | £56,818 | £146,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £314,733 | £312,000 | 23 PONSFORD ROAD |
| 30 Nov 2023 | £71,310 | £69,500 | BULRUSH STUDIOS MART ROAD |
| 3 Nov 2023 | £128,256 | £125,000 | APARTMENT 12 PEERAGE COURT VENNLAND WAY |
| 23 Aug 2023 | £122,204 | £120,000 | APARTMENT 40 PEERAGE COURT VENNLAND WAY |
| 11 Jan 2023 | £115,308 | £115,000 | APARTMENT 19 PEERAGE COURT VENNLAND WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 24 Aug 2012. Using an estimated price of £165,621 means this house is valued at £2,855 per sq meter (£265 per sq foot).
The average size of a house on VENNLAND WAY is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vennland Way |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Vennland Way |
| Jul 2024 | Shoplifting | Under investigation | On or near Glenmore Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmore Road |
| Jun 2024 | Other theft | Under investigation | On or near Glenmore Road |