£386,541
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £320,000 | 28 Aug 2020 |
| £342,500 | 23 Oct 2018 |
| £225,000 | 16 Dec 2010 |
| £74,000 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 767 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 August 2020 the House Price Index for SOMERSET was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £320,000 results in an estimated price of approximately £386,541.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £320,000 | £66,541 | £386,541 |
The Postcode Pricing Model uses changes in average sales price within the TA13 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 | -51.913 % | £-166,120 | £153,879 |
| 3 Month Average | -23.209 % | £-74,269 | £245,730 |
| 6 Month Average | 6.887 % | £22,038 | £342,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £619,021 | £600,000 | 12 ST MICHAELS GARDENS |
| 8 Sep 2023 | £270,973 | £265,000 | 48 SILVER STREET |
| 8 Sep 2023 | £240,297 | £235,000 | 35 QUARRY PIECE DRIVE |
| 1 Sep 2023 | £480,594 | £470,000 | 5 ST MICHAELS GARDENS |
| 4 Aug 2023 | £384,291 | £377,360 | 30 ST MICHAELS GARDENS |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 29 Mar 2010. Using an estimated price of £386,541 means this house is valued at £5,418 per sq meter (£503 per sq foot).
The average size of a house on SILVER STREET is 124 sq meters (1,343 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Quarry Piece Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Piece Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Quarry Piece Drive |
| Jun 2024 | Anti-social behaviour | On or near Quarry Piece Drive | |
| Jun 2024 | Anti-social behaviour | On or near Quarry Piece Drive |