£661,440
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Aug 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £400,000 | 14 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 2013 the House Price Index for SOMERSET was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £400,000 results in an estimated price of approximately £661,440.
| 14 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £400,000 | £261,440 | £661,440 |
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 | 62.209 % | £248,837 | £648,837 |
| 3 Month Average | 32.132 % | £128,526 | £528,526 |
| 6 Month Average | 37.006 % | £148,022 | £548,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £395,000 | £395,000 | 52 FREMANTLE ROAD |
| 21 Dec 2023 | £381,678 | £375,000 | 12 MOUNTFIELDS ROAD |
| 11 Aug 2023 | £332,912 | £330,000 | 10 MOUNTFIELDS AVENUE |
| 16 Sep 2022 | £570,394 | £575,000 | THE SPINNEY FOURACRES CLOSE |
| 4 Aug 2022 | £414,883 | £416,000 | 29 CALWAY ROAD |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 20 May 2013. Using an estimated price of £661,440 means this house is valued at £3,323 per sq meter (£308 per sq foot).
The average size of a house on FOURACRES CLOSE is 249 sq meters (2,680 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near B3170 |
| Feb 2024 | Public order | Under investigation | On or near B3170 |
| Dec 2023 | Vehicle crime | Under investigation | On or near B3170 |
| Dec 2023 | Other theft | Under investigation | On or near B3170 |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Calway Road |