£142,327
This estimated value is based upon the latest sale price for the house of £116,000 on 25 Sep 2019. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £116,000 | 25 Sep 2019 |
| £147,000 | 11 Oct 2007 |
| £59,999 | 16 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 September 2019 the House Price Index for SOMERSET was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £116,000 results in an estimated price of approximately £142,327.
| 25 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £116,000 | £26,327 | £142,327 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 47.867 % | £55,525 | £171,525 |
| 3 Month Average | 1.841 % | £2,135 | £118,135 |
| 6 Month Average | 6.145 % | £7,128 | £123,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £299,798 | £300,000 | 34 - 35 EAST REACH |
| 9 Feb 2023 | £274,815 | £275,000 | 12 THEAKS MEWS |
| 3 Feb 2023 | £264,822 | £265,000 | 32 QUEEN STREET |
| 1 Feb 2023 | £119,919 | £120,000 | FLAT 2 49 EAST REACH |
| 27 Jan 2023 | £141,334 | £142,000 | 6 FORESTERS COURT VICTORIA STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 4 Nov 2021. Using an estimated price of £142,328 means this house is valued at £2,737 per sq meter (£254 per sq foot).
The average size of a house on QUEEN STREET is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near East Reach | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near East Reach |
| Mar 2024 | Anti-social behaviour | On or near East Reach | |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near East Reach |
| Mar 2024 | Public order | Under investigation | On or near East Reach |