£511,619
This estimated value is based upon the latest sale price for the house of £500,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£500,000 | 20 Oct 2023 |
£328,000 | 2 Aug 2013 |
£172,000 | 27 Feb 2002 |
Detached |
Freehold |
Floor Area: 168 sq meters or 1,808 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 October 2023 the House Price Index for SOMERSET was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £500,000 results in an estimated price of approximately £511,619.
20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £500,000 | £11,619 | £511,619 |
The Postcode Pricing Model uses changes in average sales price within the TA19 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 | -37.261 % | £-186,303 | £313,696 |
3 Month Average | 22.539 % | £112,694 | £612,694 |
6 Month Average | 13.154 % | £65,772 | £565,772 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £511,620 | £500,000 | WINTERBROOK HOUSE WINTERHAY LANE |
14 Sep 2023 | £337,439 | £330,000 | 17 FAIRFIELD |
3 Apr 2023 | £244,575 | £240,000 | 22 WINTERHAY LANE |
27 Mar 2023 | £138,310 | £136,000 | 26 WINTERHAY LANE |
14 Feb 2022 | £660,286 | £625,000 | 37 STATION ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 9 May 2012. Using an estimated price of £511,620 means this house is valued at £3,045 per sq meter (£282 per sq foot).
The average size of a house on WINTERHAY LANE is 112 sq meters (1,209 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near B3168 |
May 2024 | Violence and sexual offences | Local resolution | On or near B3168 |
Apr 2024 | Public order | Local resolution | On or near B3168 |
Apr 2024 | Violence and sexual offences | Local resolution | On or near B3168 |
Apr 2024 | Other crime | Under investigation | On or near B3168 |