£114,421
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £95,000 | 19 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 March 2020 the House Price Index for SOMERSET was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £95,000 results in an estimated price of approximately £114,421.
| 19 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £95,000 | £19,421 | £114,421 |
The Postcode Pricing Model uses changes in average sales price within the TA8 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 | 34.888 % | £33,143 | £128,143 |
| 3 Month Average | 25.552 % | £24,274 | £119,274 |
| 6 Month Average | 17.764 % | £16,875 | £111,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 1 17 ESPLANADE |
| 21 Nov 2023 | £106,578 | £105,000 | FLAT 3 17 ESPLANADE |
| 23 Aug 2023 | £176,544 | £175,000 | 1A CROSS STREET |
| 8 Aug 2023 | £166,456 | £165,000 | 8A SOUTH STREET |
| 21 Oct 2022 | £12,862 | £13,000 | 31 HIGH STREET |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 6 Dec 2018. Using an estimated price of £114,422 means this house is valued at £3,467 per sq meter (£322 per sq foot).
The average size of a house on ESPLANADE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Cottage Row |
| Mar 2024 | Theft from the person | Under investigation | On or near Cottage Row |
| Mar 2024 | Shoplifting | Under investigation | On or near Cottage Row |
| Mar 2024 | Shoplifting | Under investigation | On or near Cottage Row |
| Mar 2024 | Shoplifting | Under investigation | On or near Cottage Row |