£261,860
This estimated value is based upon the latest sale price for the house of £168,000 on 9 Jan 2008. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£168,000 | 9 Jan 2008 |
£44,250 | 31 Jul 1996 |
£30,000 | 13 Dec 1995 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,075 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 2008 the House Price Index for SOMERSET was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £168,000 results in an estimated price of approximately £261,860.
9 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £168,000 | £93,860 | £261,860 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 17.400 % | £29,231 | £197,231 |
3 Month Average | 18.777 % | £31,545 | £199,545 |
6 Month Average | 29.843 % | £50,136 | £218,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £147,179 | £145,000 | 1 WILLMOTT COURT VERA STREET |
14 Sep 2023 | £212,720 | £210,000 | 27 GEORGE STREET |
14 Aug 2023 | £262,295 | £260,000 | 31 GEORGE STREET |
10 Jul 2023 | £283,820 | £280,000 | 31 VERA STREET |
22 Jun 2023 | £250,535 | £247,500 | 19 GEORGE STREET |
This house has a floor area of 99 sq meters or 1,075 sq feet when measured on 29 Jun 2011. Using an estimated price of £261,861 means this house is valued at £2,620 per sq meter (£243 per sq foot).
The average size of a house on GEORGE STREET is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Peter Street |
Mar 2024 | Other crime | Under investigation | On or near Peter Street |
Mar 2024 | Other crime | Under investigation | On or near Peter Street |
Feb 2024 | Vehicle crime | Under investigation | On or near Peter Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peter Street |