£285,044
This estimated value is based upon the latest sale price for the house of £194,000 on 28 Apr 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £194,000 | 28 Apr 2015 |
| £186,000 | 27 Nov 2009 |
| £78,000 | 17 Sep 1999 |
| £60,000 | 1 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,105 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 April 2015 the House Price Index for SOMERSET was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £194,000 results in an estimated price of approximately £285,044.
| 28 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £194,000 | £91,044 | £285,044 |
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 | 40.674 % | £78,908 | £272,908 |
| 3 Month Average | 28.437 % | £55,168 | £249,168 |
| 6 Month Average | 30.428 % | £59,031 | £253,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £448,927 | £445,000 | 24 MOUNTWAY LANE |
| 23 Jun 2023 | £268,249 | £265,000 | 31 MUSGROVE ROAD |
| 17 Nov 2022 | £365,572 | £370,000 | 10 MOUNTWAY LANE |
| 16 Aug 2022 | £224,396 | £225,000 | 27 MUSGROVE ROAD |
| 15 Aug 2022 | £451,784 | £453,000 | 118 WELLINGTON ROAD |
This house has a floor area of 102 sq meters or 1,105 sq feet when measured on 14 Apr 2009. Using an estimated price of £285,045 means this house is valued at £2,775 per sq meter (£257 per sq foot).
The average size of a house on WELLINGTON ROAD is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gipsy Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gipsy Lane |