£119,038
This estimated value is based upon the latest sale price for the house of £120,000 on 21 Sep 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£120,000 | 21 Sep 2022 |
£115,000 | 27 Apr 2020 |
£115,000 | 27 Apr 2020 |
Freehold |
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 2022 the House Price Index for SOMERSET was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £120,000 results in an estimated price of approximately £119,038.
21 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 148.6 | -0.801 % | £120,000 | £-961 | £119,038 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | -4.588 % | £-5,505 | £114,494 |
3 Month Average | -20.619 % | £-24,743 | £95,256 |
6 Month Average | -7.953 % | £-9,543 | £110,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £199,688 | £197,000 | 11 WHEATLEY CRESCENT |
11 Jul 2023 | £146,978 | £145,000 | 195 MASSINGHAM PARK |
4 Apr 2023 | £128,382 | £127,000 | 147 MASSINGHAM PARK |
24 Feb 2023 | £137,907 | £138,000 | 170 MASSINGHAM PARK |
17 Feb 2023 | £339,771 | £340,000 | 15 BISHOPS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Venture Way |
Mar 2024 | Other theft | Under investigation | On or near Venture Way |
Feb 2024 | Anti-social behaviour | On or near Venture Way | |
Feb 2024 | Anti-social behaviour | On or near Venture Way | |
Jan 2024 | Vehicle crime | Under investigation | On or near Venture Way |