£228,440
This estimated value is based upon the latest sale price for the house of £134,000 on 2 Nov 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Farm Lane
More crime details
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| Price Paid | Date |
|---|---|
| £134,000 | 2 Nov 2012 |
| £154,000 | 27 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 575 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 November 2012 the House Price Index for SOMERSET was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £134,000 results in an estimated price of approximately £228,440.
| 2 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £134,000 | £94,440 | £228,440 |
The Postcode Pricing Model uses changes in average sales price within the BA16 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 | 66.393 % | £88,966 | £222,966 |
| 3 Month Average | 65.936 % | £88,353 | £222,353 |
| 6 Month Average | 38.465 % | £51,543 | £185,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £316,937 | £309,950 | 57 GRANGE AVENUE |
| 16 Aug 2023 | £101,837 | £100,000 | 83 GRANGE AVENUE |
| 30 Jun 2023 | £219,397 | £215,000 | 137 THE WHITHYS |
| 27 Jan 2023 | £115,308 | £115,000 | 127 THE WHITHYS |
| 8 Jul 2022 | £212,631 | £210,500 | 31 THE WHITHYS |
This house has a floor area of 53 sq meters or 575 sq feet when measured on 13 Apr 2011. Using an estimated price of £228,441 means this house is valued at £4,273 per sq meter (£396 per sq foot).
There is one other house on the street which we know the size of, this is 3 FARM LANE it is 52.26
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Farm Lane |
| Jul 2024 | Other theft | Under investigation | On or near Barn Close |
| May 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near The Whithy'S |