£293,324
This estimated value is based upon the latest sale price for the house of £232,000 on 8 Jan 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £232,000 | 8 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2018 the House Price Index for SOMERSET was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £232,000 results in an estimated price of approximately £293,324.
| 8 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £232,000 | £61,324 | £293,324 |
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 | -7.239 % | £-16,794 | £215,205 |
| 3 Month Average | 66.130 % | £153,421 | £385,421 |
| 6 Month Average | 20.952 % | £48,607 | £280,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £430,616 | £424,000 | THE MERCHANTS HOUSE THE HILL |
| 29 Sep 2023 | £1,267,951 | £1,240,000 | HILL HOUSE THE HILL |
| 1 Mar 2023 | £147,463 | £145,000 | FLAT 2 STONEHOUSE COURT NORTH STREET |
| 24 Oct 2022 | £513,286 | £515,000 | GARDENSIDE 4 ST GILDAS CLOSE |
| 31 May 2022 | £1,724,938 | £1,680,000 | ST. GILDAS HOUSE THE HILL |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 12 Jul 2017. Using an estimated price of £293,325 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on THE HILL is 155 sq meters (1,669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near The Hill |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |
| Jul 2024 | Public order | Under investigation | On or near Cheapside |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |