£309,422
This estimated value is based upon the latest sale price for the house of £212,000 on 12 May 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £212,000 | 12 May 2015 |
| £192,000 | 1 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2015 the House Price Index for SOMERSET was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £212,000 results in an estimated price of approximately £309,422.
| 12 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £212,000 | £97,422 | £309,422 |
The Postcode Pricing Model uses changes in average sales price within the TA11 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 | -16.866 % | £-35,756 | £176,243 |
| 3 Month Average | 40.277 % | £85,388 | £297,388 |
| 6 Month Average | 31.069 % | £65,865 | £277,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £192,855 | £190,000 | BELL COTTAGE, 1 KIRKHAM STREET |
| 1 Sep 2023 | £182,331 | £180,000 | FLAT 5 SOMERTON HOUSE BROAD STREET |
| 1 Sep 2023 | £182,331 | £180,000 | FLAT 3 SOMERTON HOUSE BROAD STREET |
| 1 Sep 2023 | £151,943 | £150,000 | FLAT 6 SOMERTON HOUSE BROAD STREET |
| 1 Sep 2023 | £151,943 | £150,000 | FLAT 4 SOMERTON HOUSE BROAD STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 May 2014. Using an estimated price of £309,422 means this house is valued at £4,018 per sq meter (£373 per sq foot).
The average size of a house on WESSEX RISE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Court House Close |
| Jan 2024 | Public order | Under investigation | On or near Court House Close |
| Jan 2024 | Burglary | Under investigation | On or near Broad Street |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near New Street |
| Mar 2024 | Anti-social behaviour | On or near New Street |