£342,032
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Jan 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£325,000 | 25 Jan 2022 |
£157,950 | 16 Sep 1998 |
£75,000 | 16 Jun 1995 |
Terraced |
Freehold |
Floor Area: 136 sq meters or 1,463 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 January 2022 the House Price Index for SOMERSET was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £325,000 results in an estimated price of approximately £342,032.
25 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £325,000 | £17,032 | £342,032 |
The Postcode Pricing Model uses changes in average sales price within the BA8 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 | 147.712 % | £480,064 | £805,064 |
3 Month Average | -6.958 % | £-22,614 | £302,385 |
6 Month Average | -8.694 % | £-28,254 | £296,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £232,030 | £230,000 | 25 BRINES ORCHARD |
8 Jun 2023 | £202,452 | £200,000 | 10 THE KNAPP |
25 Jan 2023 | £572,304 | £575,000 | MONTROSE EAST STREET |
5 Jan 2023 | £119,437 | £120,000 | 2 SAMUEL COURT HIGH STREET |
22 Jul 2022 | £152,410 | £152,000 | 11 SAMUEL COURT HIGH STREET |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 5 Oct 2021. Using an estimated price of £342,033 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on HIGH STREET is 103 sq meters (1,117 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Brines Orchard |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Brines Orchard |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Station Road |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Station Road |
Mar 2024 | Other theft | On or near Templecombe (Station) |