£383,082
This estimated value is based upon the latest sale price for the house of £290,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£290,000 | 22 Dec 2016 |
£106,000 | 30 Mar 1995 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 December 2016 the House Price Index for SOMERSET was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £290,000 results in an estimated price of approximately £383,082.
22 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £290,000 | £93,082 | £383,082 |
The Postcode Pricing Model uses changes in average sales price within the BA9 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 | 141.323 % | £409,837 | £699,837 |
3 Month Average | 82.846 % | £240,254 | £530,254 |
6 Month Average | 22.745 % | £65,961 | £355,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £63,983 | £63,000 | FLAT 5 7 - 8 MARKET PLACE |
7 Mar 2024 | £50,780 | £50,000 | 4 MILL STREET CLOSE |
15 Dec 2023 | £119,162 | £115,500 | 10 CHURCH STREET |
28 Apr 2023 | £348,519 | £342,000 | 14 LANSDOWNE PLACE |
21 Apr 2023 | £101,906 | £100,000 | FLAT 6 7 - 8 MARKET PLACE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Nov 2016. Using an estimated price of £383,082 means this house is valued at £4,075 per sq meter (£378 per sq foot).
The average size of a house on SOUTH STREET is 96 sq meters (1,043 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Under investigation | On or near Lansdowne Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Market Place |
Jun 2024 | Anti-social behaviour | On or near Church Street | |
Jun 2024 | Anti-social behaviour | On or near Church Street |