£488,724
This estimated value is based upon the latest sale price for the house of £400,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £400,000 | 18 Dec 2019 |
| £307,500 | 20 Oct 2003 |
| £132,000 | 5 Jun 1998 |
| £111,250 | 21 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 December 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £400,000 results in an estimated price of approximately £488,724.
| 18 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £400,000 | £88,724 | £488,724 |
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 | 97.713 % | £390,850 | £790,850 |
| 3 Month Average | 5.396 % | £21,585 | £421,585 |
| 6 Month Average | 18.987 % | £75,946 | £475,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £285,399 | £280,000 | 15 HILLVIEW TERRACE |
| 23 Mar 2023 | £165,897 | £165,000 | 1 NEW ROAD |
| 19 Jan 2023 | £552,646 | £557,500 | BROMLEY HOUSE, 6A THE HEIGHTS |
| 16 Aug 2022 | £372,483 | £375,000 | 34 THE BEACON |
| 11 Aug 2022 | £531,409 | £535,000 | THE OUTLOOK, 36 THE BEACON |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 20 Feb 2018. Using an estimated price of £488,724 means this house is valued at £3,788 per sq meter (£351 per sq foot).
The average size of a house on THE BEACON is 175 sq meters (1,885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near West Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Winterhay Lane |
| Mar 2024 | Anti-social behaviour | On or near Winterhay Lane | |
| Mar 2024 | Anti-social behaviour | On or near Winterhay Lane |