£124,002
This estimated value is based upon the latest sale price for the house of £122,500 on 20 Jun 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £122,500 | 20 Jun 2023 |
| £83,000 | 28 Nov 2014 |
| £113,500 | 18 Aug 2006 |
| £82,000 | 22 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 June 2023 the House Price Index for SOMERSET was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £122,500 results in an estimated price of approximately £124,002.
| 20 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £122,500 | £1,502 | £124,002 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 45.494 % | £55,729 | £178,229 |
| 3 Month Average | 42.367 % | £51,899 | £174,399 |
| 6 Month Average | -16.120 % | £-19,747 | £102,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £68,007 | £67,000 | FLAT 2 RUMSEY HOUSE PAUL STREET |
| 15 Sep 2023 | £141,813 | £140,000 | 10 MARKET PLACE |
| 30 Jun 2023 | £280,396 | £277,000 | 22 CHURCH LANE |
| 27 Jun 2023 | £202,452 | £200,000 | 21 CHURCH LANE |
| 20 Jun 2023 | £124,002 | £122,500 | 18 PAUL STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 6 Jan 2020. Using an estimated price of £124,002 means this house is valued at £2,339 per sq meter (£217 per sq foot).
The average size of a house on PAUL STREET is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Regal Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Regal Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near High Street | |
| Mar 2024 | Anti-social behaviour | On or near High Street |