£213,049
This estimated value is based upon the latest sale price for the house of £145,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£145,000 | 2 Apr 2015 |
£42,000 | 27 Mar 1997 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 £145,000 results in an estimated price of approximately £213,049.
2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £145,000 | £68,049 | £213,049 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 31.181 % | £45,211 | £190,211 |
3 Month Average | 21.232 % | £30,786 | £175,786 |
6 Month Average | 28.241 % | £40,949 | £185,949 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £147,179 | £145,000 | 1 WILLMOTT COURT VERA STREET |
14 Sep 2023 | £212,720 | £210,000 | 27 GEORGE STREET |
14 Aug 2023 | £262,295 | £260,000 | 31 GEORGE STREET |
10 Jul 2023 | £283,820 | £280,000 | 31 VERA STREET |
22 Jun 2023 | £250,535 | £247,500 | 19 GEORGE STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 28 Apr 2013. Using an estimated price of £213,049 means this house is valued at £1,885 per sq meter (£175 per sq foot).
The average size of a house on GEORGE STREET is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Peter Street |
Mar 2024 | Other crime | Under investigation | On or near Peter Street |
Mar 2024 | Other crime | Under investigation | On or near Peter Street |
Feb 2024 | Vehicle crime | Under investigation | On or near Peter Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peter Street |