£292,302
This estimated value is based upon the latest sale price for the house of £59,000 on 10 Oct 1997. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £59,000 | 10 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 1997 the House Price Index for SOMERSET was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £59,000 results in an estimated price of approximately £292,302.
| 10 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £59,000 | £233,302 | £292,302 |
The Postcode Pricing Model uses changes in average sales price within the TA11 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 | 392.585 % | £231,625 | £290,625 |
| 3 Month Average | 362.533 % | £213,894 | £272,894 |
| 6 Month Average | 344.893 % | £203,486 | £262,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £192,855 | £190,000 | BELL COTTAGE, 1 KIRKHAM STREET |
| 1 Sep 2023 | £253,238 | £250,000 | SOMERTON BOOK CENTRE WEST STREET |
| 25 Aug 2023 | £242,118 | £240,000 | 2 KIRKHAM STREET COTTAGES KIRKHAM STREET |
| 30 Jun 2023 | £196,480 | £194,100 | 4 LION MEWS |
| 9 Jun 2023 | £258,127 | £255,000 | 5 LION MEWS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Feb 2014. Using an estimated price of £292,302 means this house is valued at £4,871 per sq meter (£452 per sq foot).
The average size of a house on WESSEX RISE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Court House Close |
| Jan 2024 | Public order | Under investigation | On or near Court House Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Fairfield |
| Dec 2023 | Public order | Further investigation is not in the public interest | On or near Fairfield |
| Jan 2024 | Burglary | Under investigation | On or near Broad Street |