£491,794
This estimated value is based upon the latest sale price for the house of £455,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £455,000 | 29 Jun 2021 |
| £155,000 | 19 May 1997 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 sq feet |
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 June 2021 the House Price Index for SOMERSET was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £455,000 results in an estimated price of approximately £491,794.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £455,000 | £36,794 | £491,794 |
The Postcode Pricing Model uses changes in average sales price within the DT9 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 | -15.393 % | £-70,037 | £384,962 |
| 3 Month Average | 18.675 % | £84,971 | £539,971 |
| 6 Month Average | 41.987 % | £191,042 | £646,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £419,242 | £410,000 | 743 |
| 11 Sep 2023 | £511,271 | £500,000 | KIMBERSIDE |
| 25 Aug 2023 | £544,827 | £535,000 | 808 STAFFORDS GREEN |
| 29 Jun 2023 | £785,847 | £770,099 | RIDGE VIEW MIDDLE RIDGE LANE |
| 4 Nov 2022 | £930,648 | £935,000 | WASHING POOL COTTAGE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Sep 2020. Using an estimated price of £491,794 means this house is valued at £4,098 per sq meter (£380 per sq foot).
There is one other house on the street which we know the size of, this is OLD CHAPEL MIDDLE RIDGE LANE it is 142.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Poor House Lane |
| Jul 2024 | Other theft | Under investigation | On or near Putt'S Lane |
| Jul 2024 | Burglary | Under investigation | On or near Kember'S Hill |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Lane |
| May 2024 | Other theft | Under investigation | On or near Landshire Lane |