£123,416
This estimated value is based upon the latest sale price for the house of £81,500 on 18 Aug 2014. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £81,500 | 18 Aug 2014 |
| £92,500 | 19 May 2006 |
| £71,500 | 16 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 466 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 August 2014 the House Price Index for SOMERSET was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £81,500 results in an estimated price of approximately £123,416.
| 18 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £81,500 | £41,916 | £123,416 |
The Postcode Pricing Model uses changes in average sales price within the BA6 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 | -28.343 % | £-23,099 | £58,400 |
| 3 Month Average | 7.653 % | £6,237 | £87,737 |
| 6 Month Average | 19.046 % | £15,522 | £97,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £196,946 | £193,500 | FLAT 2 7A BENEDICT STREET |
| 7 Aug 2023 | £175,536 | £174,000 | 26 HERITAGE COURT MAGDALENE STREET |
| 13 Apr 2023 | £178,421 | £176,500 | 31 CAVENDISH LODGE MAGDALENE STREET |
| 31 Mar 2023 | £143,351 | £142,000 | 39 CAVENDISH LODGE MAGDALENE STREET |
| 3 Oct 2022 | £350,229 | £354,000 | 27 BENEDICT STREET |
This house has a floor area of 43 sq meters or 466 sq feet when measured on 5 Apr 2011. Using an estimated price of £123,417 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on MAGDALENE STREET is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heritage Court |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Heritage Court |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Heritage Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Court |