This estimated value is based upon the latest sale price for the house of £222,500 on 9 Oct 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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|£222,500||9 Oct 2015|
|£198,000||14 Jul 2004|
|£115,000||19 Apr 2002|
|£29,000||27 Sep 1995|
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 October 2015 the House Price Index for SOMERSET was 105.6.The House Price Index as of 1 May 2022 is 148.5 which is a change of 40.592%.
Applying this 40.592% change to the original purchase price of £222,500 results in an estimated price of approximately £312,817.
|9 Oct 2015||1 May 2022||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the TA24 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||76.805 %||£170,891||£393,391|
|3 Month Average||55.140 %||£122,685||£345,185|
|6 Month Average||45.000 %||£100,124||£322,624|
|Date||Current Estimated Value||Price Paid||Address|
|3 May 2022||£140,000||£140,000||21A MARSHFIELD ROAD|
|30 Mar 2022||£111,623||£110,000||FLAT 2 43 ALCOMBE ROAD|
|25 Mar 2022||£289,206||£285,000||2 PREMIER COURT ALCOMBE ROAD|
|18 Mar 2022||£111,623||£110,000||FLAT 1 43 ALCOMBE ROAD|
|30 Sep 2021||£285,656||£270,000||70 ALCOMBE ROAD|
|Mar 2022||Violence and sexual offences||Further investigation is not in the public interest||On or near Alcombe Road|
|Jun 2022||Violence and sexual offences||Under investigation||On or near Premier Court|
|Jun 2022||Criminal damage and arson||Under investigation||On or near Premier Court|
|Jun 2022||Vehicle crime||Under investigation||On or near Premier Court|
|Jun 2022||Anti-social behaviour||On or near Supermarket|
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