£164,753
This estimated value is based upon the latest sale price for the house of £52,750 on 22 Jan 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £52,750 | 22 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2002 the House Price Index for SOMERSET was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £52,750 results in an estimated price of approximately £164,753.
| 22 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £52,750 | £112,003 | £164,753 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 172.797 % | £91,150 | £143,900 |
| 3 Month Average | 185.865 % | £98,043 | £150,793 |
| 6 Month Average | 155.118 % | £81,824 | £134,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £325,157 | £321,000 | 80 ALMA STREET |
| 19 Jun 2023 | £258,127 | £255,000 | 31 SOUTH STREET |
| 24 Feb 2023 | £129,913 | £130,000 | 2B EAST REACH |
| 17 Feb 2023 | £269,818 | £270,000 | 67 ALMA STREET |
| 11 Jan 2023 | £273,711 | £275,000 | 4 ALMA STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Jun 2014. Using an estimated price of £164,754 means this house is valued at £2,534 per sq meter (£235 per sq foot).
The average size of a house on ALMA STREET is 100 sq meters (1,085 sq feet).