£361,128
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £225,000 | 13 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 December 2013 the House Price Index for SOMERSET was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £225,000 results in an estimated price of approximately £361,128.
| 13 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £225,000 | £136,128 | £361,128 |
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 | 73.881 % | £166,232 | £391,232 |
| 3 Month Average | 42.881 % | £96,482 | £321,482 |
| 6 Month Average | 38.956 % | £87,651 | £312,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £373,265 | £370,000 | 17 GALMINGTON DRIVE |
| 1 Feb 2022 | £350,264 | £334,000 | 1 WILTSHIRE CLOSE |
| 26 Nov 2021 | £427,198 | £395,000 | 9 WILTSHIRE CLOSE |
| 17 Aug 2021 | £269,979 | £242,000 | 4 GALMINGTON DRIVE |
| 6 Aug 2021 | £184,077 | £165,000 | FLAT 11 SUFFOLK COURT WILTSHIRE CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 20 Jun 2013. Using an estimated price of £361,129 means this house is valued at £3,472 per sq meter (£322 per sq foot).
The average size of a house on ESSEX DRIVE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alston Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berwick Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Henderson Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Henderson Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Henderson Close |