£164,050
This estimated value is based upon the latest sale price for the house of £87,000 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £87,000 | 17 Dec 2004 |
| £68,000 | 11 Apr 2003 |
| £30,250 | 24 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2004 the House Price Index for SOMERSET was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £87,000 results in an estimated price of approximately £164,050.
| 17 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £87,000 | £77,050 | £164,050 |
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 | 38.679 % | £33,650 | £120,650 |
| 3 Month Average | 62.951 % | £54,767 | £141,767 |
| 6 Month Average | 60.444 % | £52,586 | £139,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £257,000 | £257,000 | 45 MERRIMAN ROAD |
| 31 Aug 2023 | £537,704 | £533,000 | 10 VESTRY ROAD |
| 27 Apr 2023 | £212,286 | £210,000 | 106 HIGH STREET |
| 24 Apr 2023 | £727,837 | £720,000 | MAGNOLIA HOUSE, 28 LEIGH ROAD |
| 16 Mar 2023 | £201,902 | £200,000 | 8 LEIGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Vestry Road |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Public order | Awaiting court outcome | On or near Parking Area |