£109,409
This estimated value is based upon the latest sale price for the house of £81,000 on 9 Mar 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£81,000 | 9 Mar 2016 |
£28,000 | 17 Mar 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 359 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 March 2016 the House Price Index for SOMERSET was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £81,000 results in an estimated price of approximately £109,409.
9 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £81,000 | £28,409 | £109,409 |
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 | 68.302 % | £55,324 | £136,324 |
3 Month Average | 26.782 % | £21,693 | £102,693 |
6 Month Average | 30.269 % | £24,518 | £105,518 |
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 33 sq meters or 359 sq feet when measured on 20 Apr 2009. Using an estimated price of £109,410 means this house is valued at £3,272 per sq meter (£304 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 |