£680,242
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £265,000 | 15 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 November 2002 the House Price Index for SOMERSET was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £265,000 results in an estimated price of approximately £680,242.
| 15 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £265,000 | £415,242 | £680,242 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 118.367 % | £313,672 | £578,672 |
| 3 Month Average | 84.314 % | £223,433 | £488,433 |
| 6 Month Average | 91.814 % | £243,308 | £508,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £395,000 | £395,000 | 52 FREMANTLE ROAD |
| 21 Dec 2023 | £381,678 | £375,000 | 12 MOUNTFIELDS ROAD |
| 16 Sep 2022 | £570,394 | £575,000 | THE SPINNEY FOURACRES CLOSE |
| 4 Aug 2022 | £414,883 | £416,000 | 29 CALWAY ROAD |
| 22 Jul 2022 | £827,227 | £825,000 | 115 SOUTH ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 24 Aug 2018. Using an estimated price of £680,242 means this house is valued at £4,691 per sq meter (£435 per sq foot).
The average size of a house on FOURACRES CLOSE is 237 sq meters (2,556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mountfields Park |
| Feb 2024 | Vehicle crime | Under investigation | On or near B3170 |
| Feb 2024 | Public order | Under investigation | On or near B3170 |
| Dec 2023 | Other theft | Under investigation | On or near B3170 |
| Dec 2023 | Vehicle crime | Under investigation | On or near B3170 |