£254,137
This estimated value is based upon the latest sale price for the house of £205,500 on 15 Apr 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£205,500 | 15 Apr 2019 |
£152,000 | 18 Nov 2011 |
Semi-Detached |
Freehold |
Floor Area: 47 sq meters or 513 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 April 2019 the House Price Index for SOMERSET was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £205,500 results in an estimated price of approximately £254,137.
15 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £205,500 | £48,637 | £254,137 |
The Postcode Pricing Model uses changes in average sales price within the TA11 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 | -15.740 % | £-32,344 | £173,155 |
3 Month Average | 21.462 % | £44,103 | £249,603 |
6 Month Average | 8.820 % | £18,125 | £223,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £192,855 | £190,000 | BELL COTTAGE, 1 KIRKHAM STREET |
1 Sep 2023 | £182,331 | £180,000 | FLAT 5 SOMERTON HOUSE BROAD STREET |
1 Sep 2023 | £182,331 | £180,000 | FLAT 3 SOMERTON HOUSE BROAD STREET |
1 Sep 2023 | £151,943 | £150,000 | FLAT 6 SOMERTON HOUSE BROAD STREET |
1 Sep 2023 | £151,943 | £150,000 | FLAT 4 SOMERTON HOUSE BROAD STREET |
This house has a floor area of 47 sq meters or 513 sq feet when measured on 30 Mar 2011. Using an estimated price of £254,138 means this house is valued at £5,325 per sq meter (£494 per sq foot).
The average size of a house on WESSEX RISE is 91 sq meters (988 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (513 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Court House Close |
Jan 2024 | Public order | Under investigation | On or near Court House Close |
Jan 2024 | Burglary | Under investigation | On or near Broad Street |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near New Street |
Mar 2024 | Anti-social behaviour | On or near New Street |