£126,478
This estimated value is based upon the latest sale price for the house of £74,000 on 6 Mar 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £74,000 | 6 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 785 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 March 2012 the House Price Index for SOMERSET was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £74,000 results in an estimated price of approximately £126,478.
| 6 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £74,000 | £52,478 | £126,478 |
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 | 86.076 % | £63,696 | £137,696 |
| 3 Month Average | 49.473 % | £36,610 | £110,610 |
| 6 Month Average | 49.974 % | £36,980 | £110,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £285,000 | £285,000 | 53 MANOR ORCHARD |
| 25 Jan 2023 | £418,031 | £420,000 | 19 HOVELAND LANE |
| 15 Sep 2022 | £245,517 | £247,500 | 62 MANOR ORCHARD |
| 20 Jul 2022 | £250,675 | £250,000 | 72 MANOR ORCHARD |
| 4 May 2022 | £253,782 | £249,000 | 76 BURCHS CLOSE |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 15 Nov 2011. Using an estimated price of £126,478 means this house is valued at £1,732 per sq meter (£160 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hoveland Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Hoveland Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Hoveland Crescent | |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Galmington Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |