£192,616
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £145,000 | 23 Sep 2016 |
| £130,000 | 29 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 546 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 September 2016 the House Price Index for SOMERSET was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £145,000 results in an estimated price of approximately £192,616.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £145,000 | £47,616 | £192,616 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | -49.442 % | £-71,691 | £73,308 |
| 3 Month Average | -30.268 % | £-43,887 | £101,112 |
| 6 Month Average | -13.762 % | £-19,955 | £125,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £347,994 | £344,950 | 10 THE CLOSE |
| 20 Jan 2023 | £156,762 | £157,500 | 27C HIGH STREET |
| 26 Oct 2022 | £128,615 | £130,000 | FLAT 3 15 HIGH STREET |
| 16 Sep 2022 | £233,117 | £235,000 | 46 THE ARCHERS WAY |
| 18 Mar 2022 | £673,570 | £650,000 | 6 CHURCH LANE |
This house has a floor area of 50 sq meters or 546 sq feet when measured on 28 Apr 2009. Using an estimated price of £192,617 means this house is valued at £3,791 per sq meter (£352 per sq foot).
The average size of a house on THE ARCHERS WAY is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Close |