£703,269
This estimated value is based upon the latest sale price for the house of £375,000 on 14 Mar 2005. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £375,000 | 14 Mar 2005 |
| 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 March 2005 the House Price Index for SOMERSET was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £375,000 results in an estimated price of approximately £703,269.
| 14 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £375,000 | £328,269 | £703,269 |
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 | 83.685 % | £313,820 | £688,820 |
| 3 Month Average | 82.068 % | £307,754 | £682,754 |
| 6 Month Average | 68.993 % | £258,722 | £633,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £505,534 | £490,000 | 57 GRANGEFIELDS |
| 5 Sep 2023 | £460,143 | £450,000 | 7 MELLANBY CLOSE |
| 24 Apr 2023 | £642,008 | £630,000 | 3 WILTON ORCHARD |
| 25 Nov 2022 | £398,138 | £400,000 | 4 SIMMONS CLOSE |
| 29 Jun 2022 | £432,240 | £423,000 | 17 GRANGEFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Wraxhill Road |
| May 2024 | Criminal damage and arson | Under investigation | On or near Wraxhill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wraxhill Road |
| Apr 2024 | Anti-social behaviour | On or near Wraxhill Road | |
| Apr 2024 | Anti-social behaviour | On or near Wraxhill Road |