£472,055
This estimated value is based upon the latest sale price for the house of £360,000 on 1 Dec 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £360,000 | 1 Dec 2016 |
| Terraced |
| Leasehold |
| Floor Area: 132 sq meters or 1,420 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 December 2016 the House Price Index for SOMERSET was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £360,000 results in an estimated price of approximately £472,055.
| 1 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £360,000 | £112,055 | £472,055 |
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 | 60.960 % | £219,455 | £579,455 |
| 3 Month Average | 33.808 % | £121,707 | £481,707 |
| 6 Month Average | 33.923 % | £122,122 | £482,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £223,918 | £220,000 | 11 WATERS EDGE YOUNGMAN PLACE |
| 29 Nov 2023 | £214,171 | £211,000 | 52 GEOFFREY FARRANT WALK |
| 29 Sep 2023 | £217,785 | £215,000 | 31 WATERS EDGE YOUNGMAN PLACE |
| 9 Jun 2023 | £170,060 | £168,000 | 20 WATERS EDGE YOUNGMAN PLACE |
| 30 Jan 2023 | £224,940 | £226,000 | 43 WATERS EDGE YOUNGMAN PLACE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 8 Sep 2016. Using an estimated price of £472,056 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on YOUNGMAN PLACE is 75 sq meters (812 sq feet).