£424,628
This estimated value is based upon the latest sale price for the house of £289,000 on 15 Apr 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£289,000 | 15 Apr 2015 |
£175,000 | 25 Jun 2009 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 April 2015 the House Price Index for SOMERSET was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £289,000 results in an estimated price of approximately £424,628.
15 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £289,000 | £135,628 | £424,628 |
The Postcode Pricing Model uses changes in average sales price within the TA16 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 | 79.447 % | £229,601 | £518,601 |
3 Month Average | 166.230 % | £480,403 | £769,403 |
6 Month Average | 3.672 % | £10,612 | £299,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £272,383 | £270,000 | 11 MANOR DRIVE |
7 Jul 2023 | £271,656 | £268,000 | 2 THE CLOSE |
11 Apr 2023 | £267,884 | £265,000 | 12 MANOR DRIVE |
21 Feb 2023 | £298,399 | £298,600 | 6 GREYS ROAD |
15 Aug 2022 | £224,396 | £225,000 | 6 OLD HITCHEN |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 7 Apr 2014. Using an estimated price of £424,629 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on GREYS ROAD is 96 sq meters (1,034 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Old Hitchen |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Lower Street |
Mar 2024 | Shoplifting | Under investigation | On or near Broadway |
Mar 2024 | Shoplifting | Under investigation | On or near Broadway |
Mar 2024 | Other theft | Under investigation | On or near Broadway |