£489,727
This estimated value is based upon the latest sale price for the house of £405,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £405,000 | 3 Jul 2020 |
| £115,000 | 4 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 July 2020 the House Price Index for SOMERSET was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £405,000 results in an estimated price of approximately £489,727.
| 3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £405,000 | £84,727 | £489,727 |
The Postcode Pricing Model uses changes in average sales price within the BA21 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 | 277.658 % | £1,124,513 | £1,529,513 |
| 3 Month Average | 43.818 % | £177,463 | £582,463 |
| 6 Month Average | 28.400 % | £115,021 | £520,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £434,090 | £430,000 | 2 PICKETT LANE |
| 18 Nov 2022 | £419,914 | £425,000 | 1 PICKETT LANE |
| 6 May 2022 | £550,370 | £540,000 | 4 OAKRIDGE PARK |
| 17 Feb 2022 | £398,504 | £380,000 | 29 MARSH LANE |
| 8 Dec 2021 | £305,342 | £285,000 | 51 MUDFORD ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 23 Feb 2020. Using an estimated price of £489,727 means this house is valued at £4,946 per sq meter (£459 per sq foot).
The average size of a house on ILCHESTER ROAD is 123 sq meters (1,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Pickett Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pickett Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pickett Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pickett Lane |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Pickett Lane |