£426,344
This estimated value is based upon the latest sale price for the house of £250,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £250,000 | 25 May 2012 |
| 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 May 2012 the House Price Index for SOMERSET was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £250,000 results in an estimated price of approximately £426,344.
| 25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £250,000 | £176,344 | £426,344 |
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 | 10.270 % | £25,676 | £275,676 |
| 3 Month Average | 35.106 % | £87,763 | £337,763 |
| 6 Month Average | 36.729 % | £91,821 | £341,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £257,000 | £257,000 | 45 MERRIMAN ROAD |
| 14 Dec 2023 | £89,058 | £87,500 | FLAT 2 12 ORIEL ROAD |
| 15 Sep 2023 | £552,059 | £545,000 | BEECH WOOD HOUSE WRAXHILL ROAD |
| 31 Aug 2023 | £302,648 | £300,000 | 12 MIDDLE LEIGH |
| 29 Jun 2023 | £313,801 | £310,000 | 66 LEIGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Tannery Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Tannery Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tannery Close |
| Apr 2024 | Burglary | Under investigation | On or near Oriel Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oriel Road |