£221,858
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £180,000 | 26 Feb 2020 |
| £180,000 | 26 Feb 2020 |
| £108,000 | 15 Mar 2019 |
| £40,600 | 15 Aug 1997 |
| £38,550 | 24 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 February 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £180,000 results in an estimated price of approximately £221,858.
| 26 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £180,000 | £41,858 | £221,858 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 10.967 % | £19,740 | £199,740 |
| 3 Month Average | 14.373 % | £25,870 | £205,870 |
| 6 Month Average | 7.412 % | £13,341 | £193,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £388,831 | £380,000 | 53 ESPLANADE |
| 23 Jun 2023 | £186,232 | £182,500 | FLAT 1 6 SEAVIEW ROAD |
| 21 Jun 2023 | £208,172 | £204,000 | FLAT 5 BURLINGTON COURT ESPLANADE |
| 24 Mar 2023 | £188,142 | £185,000 | FLAT 1 BAY COURT, 64 ESPLANADE |
| 22 Jul 2022 | £606,073 | £600,000 | THE ROUND TOWER GUEST HOUSE, 41 ESPLANADE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Nov 2018. Using an estimated price of £221,858 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on ESPLANADE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Myrtle Drive | |
| Jun 2024 | Public order | Under investigation | On or near Hall Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maddocks Slade |