£164,767
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £160,000 | 8 Apr 2022 |
| £109,950 | 7 Feb 2014 |
| £124,950 | 4 Apr 2008 |
| £99,950 | 4 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 April 2022 the House Price Index for SOMERSET was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £160,000 results in an estimated price of approximately £164,767.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £160,000 | £4,767 | £164,767 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 16.795 % | £26,872 | £186,872 |
| 3 Month Average | 24.838 % | £39,740 | £199,740 |
| 6 Month Average | -5.233 % | £-8,372 | £151,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £431,387 | £425,000 | 11 DRAYCOTT ROAD |
| 3 Jul 2023 | £223,001 | £220,000 | 5 DRAYCOTT ROAD |
| 30 Jun 2023 | £344,169 | £340,000 | THE LOFT 44 PIKE LANE |
| 27 Mar 2023 | £5,609,331 | £5,556,484 | 23 MEADOW RISE |
| 8 Mar 2023 | £131,236 | £130,000 | FLAT 5 ROYAL OAK HOUSE, 46 COMMERCIAL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Aug 2021. Using an estimated price of £164,768 means this house is valued at £1,915 per sq meter (£177 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Draycott Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Draycott Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Draycott Road |
| Mar 2024 | Other theft | Under investigation | On or near Hillmead |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillmead |