£358,660
This estimated value is based upon the latest sale price for the house of £312,500 on 10 Dec 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £312,500 | 10 Dec 2020 |
| £412,500 | 6 Nov 2006 |
| £70,000 | 24 Jan 1996 |
| 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 December 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £312,500 results in an estimated price of approximately £358,660.
| 10 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £312,500 | £46,160 | £358,660 |
The Postcode Pricing Model uses changes in average sales price within the TA3 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 | 73.422 % | £229,443 | £541,943 |
| 3 Month Average | 13.819 % | £43,184 | £355,684 |
| 6 Month Average | 11.187 % | £34,958 | £347,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £500,388 | £495,000 | WARWICK HOUSE, 6 QUEEN SQUARE |
| 4 Aug 2022 | £413,886 | £415,000 | 12 LODWELLS ORCHARD |
| 6 Jul 2021 | £141,360 | £123,000 | 8 SYCAMORE ROW |
| 30 Jun 2021 | £170,863 | £159,250 | LINDEN COTTAGE, 20 QUEEN SQUARE |
| 10 Mar 2021 | £612,210 | £550,000 | THE OLD SCHOOL MOOR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Mar 2024 | Other crime | Under investigation | On or near Newport Hill |