£367,048
This estimated value is based upon the latest sale price for the house of £255,000 on 28 Jul 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £255,000 | 28 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2015 the House Price Index for SOMERSET was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £255,000 results in an estimated price of approximately £367,048.
| 28 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £255,000 | £112,048 | £367,048 |
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 | 28.104 % | £71,664 | £326,664 |
| 3 Month Average | 27.644 % | £70,492 | £325,492 |
| 6 Month Average | 38.620 % | £98,481 | £353,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £498,726 | £490,000 | 142 STODDENS ROAD |
| 26 Jun 2023 | £455,518 | £450,000 | 4 STONELEIGH CLOSE |
| 17 Jan 2023 | £298,593 | £300,000 | 29 RECTORY DRIVE |
| 11 Nov 2022 | £355,692 | £360,000 | 7 WESTMERE CRESCENT |
| 11 Jul 2022 | £352,950 | £352,000 | 44 STONELEIGH CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Feb 2015. Using an estimated price of £367,049 means this house is valued at £3,989 per sq meter (£370 per sq foot).
The average size of a house on RECTORY PLACE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Knoll View |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Stoneleigh Close |
| Apr 2024 | Other theft | Under investigation | On or near Knoll View |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneleigh Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stodden'S Walk |