£366,990
This estimated value is based upon the latest sale price for the house of £349,950 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£349,950 | 4 Feb 2022 |
£227,500 | 21 May 2015 |
£183,000 | 22 Apr 2005 |
£120,000 | 3 Aug 2001 |
£106,050 | 27 Apr 2001 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 February 2022 the House Price Index for SOMERSET was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £349,950 results in an estimated price of approximately £366,990.
4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £349,950 | £17,040 | £366,990 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | -5.298 % | £-18,541 | £331,408 |
3 Month Average | 6.820 % | £23,867 | £373,817 |
6 Month Average | 4.031 % | £14,105 | £364,055 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £282,471 | £280,000 | 20 PALMERS CLOSE |
28 Jun 2023 | £295,580 | £292,000 | 43 PALMERS CLOSE |
4 Apr 2023 | £267,884 | £265,000 | 50 PALMERS CLOSE |
21 Mar 2023 | £373,519 | £370,000 | 42 BATHURST CLOSE |
1 Jun 2022 | £263,727 | £260,000 | 26 PALMERS CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Jan 2015. Using an estimated price of £366,991 means this house is valued at £3,706 per sq meter (£344 per sq foot).
The average size of a house on BATHURST CLOSE is 115 sq meters (1,243 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Palmers Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stodden'S Lane |
Feb 2024 | Anti-social behaviour | On or near Stodden'S Lane | |
Feb 2024 | Anti-social behaviour | On or near Stodden'S Lane | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckland Close |