£207,385
This estimated value is based upon the latest sale price for the house of £160,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,000 | 10 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2017 the House Price Index for SOMERSET was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £160,000 results in an estimated price of approximately £207,385.
| 10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £160,000 | £47,385 | £207,385 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 15.757 % | £25,211 | £185,211 |
| 3 Month Average | 20.186 % | £32,297 | £192,297 |
| 6 Month Average | 30.882 % | £49,410 | £209,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £132,315 | £130,000 | 2 GREBE CLOSE |
| 1 Dec 2023 | £188,295 | £185,000 | 8 ALL SAINTS TERRACE |
| 6 Apr 2023 | £330,559 | £327,000 | 5 SPOONBILL ROAD |
| 28 Jan 2022 | £180,488 | £171,500 | 5 STEAM PACKET TERRACE |
| 27 Aug 2021 | £92,038 | £82,500 | 10 GREBE CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Nov 2016. Using an estimated price of £207,386 means this house is valued at £2,229 per sq meter (£207 per sq foot).
There is one other house on the street which we know the size of, this is 1 MERLE CLOSE it is 64.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merle Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merle Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Merle Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Merle Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Merle Close |