£491,820
This estimated value is based upon the latest sale price for the house of £465,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £465,000 | 15 Dec 2021 |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 2021 the House Price Index for SOMERSET was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £465,000 results in an estimated price of approximately £491,820.
| 15 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £465,000 | £26,820 | £491,820 |
The Postcode Pricing Model uses changes in average sales price within the TA15 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 | -41.505 % | £-192,999 | £272,000 |
| 3 Month Average | -45.360 % | £-210,924 | £254,075 |
| 6 Month Average | 2.870 % | £13,347 | £478,347 |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 2 Jul 2014.
The average size of a house on LOWER TOWN is 208 sq meters (2,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Montacute Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Hyde Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wash Lane |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Mason Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bishopston |