£242,008
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Mar 2005. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £130,000 | 17 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 March 2005 the House Price Index for SOMERSET was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £130,000 results in an estimated price of approximately £242,008.
| 17 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £130,000 | £112,008 | £242,008 |
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 | 61.700 % | £80,209 | £210,209 |
| 3 Month Average | 62.307 % | £80,998 | £210,998 |
| 6 Month Average | 64.826 % | £84,273 | £214,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £160,305 | £157,500 | FLAT 3 29 ESPLANADE |
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 1 17 ESPLANADE |
| 6 Jan 2023 | £159,200 | £159,950 | FLAT 6 ESPLANADE COURT, 33 ESPLANADE |
| 1 Nov 2022 | £187,726 | £190,000 | FLAT 4 ESPLANADE COURT, 33 ESPLANADE |
| 1 Mar 2022 | £176,165 | £170,000 | 11 REGENT STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Oct 2012. Using an estimated price of £242,009 means this house is valued at £4,321 per sq meter (£401 per sq foot).
The average size of a house on ESPLANADE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Regent Street |
| Mar 2024 | Other theft | Under investigation | On or near Esplanade |
| Feb 2024 | Public order | Under investigation | On or near Vicarage Street |
| Jan 2024 | Public order | Under investigation | On or near Vicarage Street |