£328,415
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Aug 2011. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 Aug 2011 |
| £174,000 | 16 Apr 2009 |
| £135,950 | 25 Jun 2002 |
| £98,950 | 12 Nov 1999 |
| £92,000 | 7 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,015 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 2011 the House Price Index for SOMERSET was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £190,000 results in an estimated price of approximately £328,415.
| 30 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £190,000 | £138,415 | £328,415 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 75.378 % | £143,218 | £333,218 |
| 3 Month Average | 60.491 % | £114,933 | £304,933 |
| 6 Month Average | 61.589 % | £117,019 | £307,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £164,210 | £162,000 | 16 HAWKINS CLOSE |
| 3 Feb 2023 | £214,855 | £215,000 | 3 BERESFORD CLOSE |
| 13 Apr 2022 | £231,705 | £225,000 | 28 GRENVILLE ROAD |
| 25 Mar 2022 | £226,941 | £219,000 | 7 BURNETT CLOSE |
| 23 Nov 2021 | £292,009 | £270,000 | 1 GRENVILLE ROAD |
This house has a floor area of 94 sq meters or 1,015 sq feet when measured on 17 Nov 2008. Using an estimated price of £328,416 means this house is valued at £3,482 per sq meter (£323 per sq foot).
The average size of a house on EXETER CLOSE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Exeter Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Truro Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnett Close |
| Jan 2024 | Other theft | Under investigation | On or near Burnett Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Barrington Road |