£440,345
This estimated value is based upon the latest sale price for the house of £360,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £360,000 | 29 May 2020 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 May 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £360,000 results in an estimated price of approximately £440,345.
| 29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £360,000 | £80,345 | £440,345 |
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 | 42.720 % | £153,792 | £513,792 |
| 3 Month Average | 12.600 % | £45,359 | £405,359 |
| 6 Month Average | 8.300 % | £29,879 | £389,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £178,116 | £175,000 | FLAT 9 CLAREMONT COURT WINDSOR CLOSE |
| 3 Oct 2022 | £618,342 | £625,000 | LITTLE ORCHARD HONITON ROAD |
| 16 Sep 2022 | £158,718 | £160,000 | FLAT 4 ASHTON COURT PEMBROKE CLOSE |
| 21 Jul 2022 | £852,294 | £850,000 | CEDARS WILD OAK LANE |
| 7 Jul 2022 | £171,462 | £171,000 | FLAT 1 STONELEIGH COURT PEMBROKE CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 17 May 2019. Using an estimated price of £440,345 means this house is valued at £3,609 per sq meter (£335 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Wesley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Feb 2024 | Other theft | Under investigation | On or near The Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Windsor Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Windsor Close |