£124,378
This estimated value is based upon the latest sale price for the house of £80,000 on 31 Oct 2007. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£80,000 | 31 Oct 2007 |
£24,500 | 10 Apr 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 27 sq meters or 292 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 October 2007 the House Price Index for SOMERSET was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £80,000 results in an estimated price of approximately £124,378.
31 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £80,000 | £44,378 | £124,378 |
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 | 50.581 % | £40,464 | £120,464 |
3 Month Average | 22.087 % | £17,669 | £97,669 |
6 Month Average | 26.875 % | £21,499 | £101,499 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £324,145 | £320,000 | 1 BATH HOUSE, 14 WELLINGTON ROAD |
7 Sep 2023 | £237,031 | £234,000 | 3 PARK STREET |
20 Sep 2022 | £29,760 | £30,000 | 12 WELLINGTON ROAD |
20 Sep 2022 | £61,503 | £62,000 | FLAT 7 12 WELLINGTON ROAD |
23 Aug 2022 | £123,667 | £124,000 | FLAT 3 5 PARK STREET |
This house has a floor area of 27 sq meters or 292 sq feet when measured on 13 Jun 2009. Using an estimated price of £124,379 means this house is valued at £4,576 per sq meter (£425 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 | Bicycle theft | Under investigation | On or near Supermarket |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
Feb 2024 | Anti-social behaviour | On or near Supermarket |