£303,036
This estimated value is based upon the latest sale price for the house of £300,000 on 14 Jul 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £300,000 | 14 Jul 2022 |
| £190,000 | 17 Mar 2011 |
| £134,950 | 16 May 2002 |
| £75,500 | 4 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,088 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 2022 the House Price Index for SOMERSET was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £300,000 results in an estimated price of approximately £303,036.
| 14 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £300,000 | £3,036 | £303,036 |
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 | -13.749 % | £-41,248 | £258,751 |
| 3 Month Average | -15.955 % | £-47,865 | £252,134 |
| 6 Month Average | -2.346 % | £-7,036 | £292,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £263,996 | £258,000 | 31 GALMINGTON ROAD |
| 30 Mar 2023 | £320,350 | £315,000 | 68 SMITHY |
| 13 Jan 2023 | £245,656 | £245,000 | 35 GALMINGTON ROAD |
| 14 Jul 2022 | £303,036 | £300,000 | 46 WELLINGTON NEW ROAD |
| 6 Apr 2022 | £224,083 | £216,000 | 3 NORTHFIELDS |
This house has a floor area of 101 sq meters or 1,088 sq feet when measured on 8 Sep 2009. Using an estimated price of £303,036 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on WELLINGTON NEW ROAD is 127 sq meters (1,370 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jun 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |