£226,759
This estimated value is based upon the latest sale price for the house of £172,500 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £172,500 | 29 Jul 2016 |
| £147,000 | 2 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 2016 the House Price Index for SOMERSET was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £172,500 results in an estimated price of approximately £226,759.
| 29 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £172,500 | £54,259 | £226,759 |
The Postcode Pricing Model uses changes in average sales price within the TA9 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 | 67.883 % | £117,098 | £289,598 |
| 3 Month Average | 45.020 % | £77,660 | £250,160 |
| 6 Month Average | 42.924 % | £74,043 | £246,543 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Feb 2016.
The average size of a house on OLDWAY PLACE is 65 sq meters (708 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Oldway Place |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lobelia Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Meadow Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Oldway Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Drive |