£297,941
This estimated value is based upon the latest sale price for the house of £195,000 on 25 Jul 2014. 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 South Close
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| Price Paid | Date |
|---|---|
| £195,000 | 25 Jul 2014 |
| £181,000 | 29 Oct 2010 |
| £57,950 | 26 Sep 1997 |
| Semi-Detached |
| 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 July 2014 the House Price Index for SOMERSET was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £195,000 results in an estimated price of approximately £297,941.
| 25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £195,000 | £102,941 | £297,941 |
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 | -12.188 % | £-23,766 | £171,233 |
| 3 Month Average | 27.959 % | £54,520 | £249,520 |
| 6 Month Average | 33.172 % | £64,686 | £259,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2022 | £291,785 | £291,000 | 17 CHANCELLOR ROAD |
| 29 Jun 2022 | £319,515 | £315,000 | 23 CHANCELLOR ROAD |
| 20 May 2022 | £290,473 | £285,000 | 78 MAIN STREET |
| 29 Apr 2022 | £334,685 | £325,000 | 19 SOUTH CLOSE |
| 14 Apr 2022 | £319,238 | £310,000 | 4 ST MICHAELS COURT CREECHES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near South Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Long Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Long Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Long Lane |
| Jan 2024 | Anti-social behaviour | On or near Long Lane |