£301,375
This estimated value is based upon the latest sale price for the house of £185,000 on 16 Feb 2007. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £185,000 | 16 Feb 2007 |
| £175,000 | 24 Nov 2006 |
| £58,000 | 6 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2007 the House Price Index for SOMERSET was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £185,000 results in an estimated price of approximately £301,375.
| 16 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £185,000 | £116,375 | £301,375 |
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 | 65.965 % | £122,034 | £307,034 |
| 3 Month Average | 49.961 % | £92,427 | £277,427 |
| 6 Month Average | 54.761 % | £101,308 | £286,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £378,098 | £372,500 | 39 FINCHES WAY |
| 31 Jan 2023 | £318,500 | £320,000 | 27 SHELLEY DRIVE |
| 25 Jan 2023 | £373,242 | £375,000 | 3 SHELLEY DRIVE |
| 1 Aug 2022 | £533,564 | £535,000 | 43 BRAMBLES ROAD |
| 30 Jun 2022 | £289,085 | £285,000 | 39 BRAMBLES ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Jun 2012. Using an estimated price of £301,375 means this house is valued at £4,305 per sq meter (£399 per sq foot).
The average size of a house on MAGPIE CLOSE is 128 sq meters (1,381 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magpie Close |
| Feb 2024 | Other theft | Under investigation | On or near B3140 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B3140 |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |