£492,501
This estimated value is based upon the latest sale price for the house of £480,000 on 7 Nov 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£480,000 | 7 Nov 2023 |
£370,000 | 24 Feb 2017 |
Semi-Detached |
Freehold |
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 November 2023 the House Price Index for SOMERSET was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £480,000 results in an estimated price of approximately £492,501.
7 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £480,000 | £12,501 | £492,501 |
The Postcode Pricing Model uses changes in average sales price within the TA7 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 | -12.658 % | £-60,758 | £419,241 |
3 Month Average | -9.964 % | £-47,827 | £432,172 |
6 Month Average | -9.025 % | £-43,320 | £436,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £247,609 | £240,000 | 134 OLD BASIN |
7 Nov 2023 | £492,502 | £480,000 | THE HAYES |
20 Oct 2023 | £9,467,015 | £9,252,000 | WAREHOUSE PREMISES AT HUNTWORTH BUSINESS PARK |
14 Sep 2023 | £468,285 | £457,962 | 1 BEAM WIRELESS STATION |
19 Jun 2023 | £290,828 | £285,000 | 132 OLD BASIN |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Under investigation | On or near Huntworth Lane |
Aug 2024 | Anti-social behaviour | On or near Ivory Road | |
Aug 2024 | Anti-social behaviour | On or near Ivory Road | |
Aug 2024 | Anti-social behaviour | On or near Ivory Road | |
Aug 2024 | Anti-social behaviour | On or near Ivory Road |