£189,268
This estimated value is based upon the latest sale price for the house of £122,000 on 6 Nov 2007. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £122,000 | 6 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 769 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 November 2007 the House Price Index for SOMERSET was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £122,000 results in an estimated price of approximately £189,268.
| 6 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £122,000 | £67,268 | £189,268 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | -35.878 % | £-43,771 | £78,228 |
| 3 Month Average | -14.443 % | £-17,620 | £104,379 |
| 6 Month Average | 3.779 % | £4,610 | £126,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £196,946 | £193,500 | FLAT 2 7A BENEDICT STREET |
| 1 Dec 2023 | £300,253 | £295,000 | 12 MARKET PLACE |
| 7 Aug 2023 | £175,536 | £174,000 | 26 HERITAGE COURT MAGDALENE STREET |
| 24 Apr 2023 | £176,905 | £175,000 | APARTMENT 5 MARKET PLACE NORTHLOAD STREET |
| 3 Oct 2022 | £350,229 | £354,000 | 27 BENEDICT STREET |
This house has a floor area of 71 sq meters or 769 sq feet when measured on 18 May 2009. Using an estimated price of £189,269 means this house is valued at £2,647 per sq meter (£245 per sq foot).
The average size of a house on MAGDALENE STREET is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Market Place | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Mar 2024 | Anti-social behaviour | On or near Market Place |