£585,346
This estimated value is based upon the latest sale price for the house of £475,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £475,000 | 5 Oct 2018 |
| £60,000 | 12 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 October 2018 the House Price Index for SOMERSET was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £475,000 results in an estimated price of approximately £585,346.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £475,000 | £110,346 | £585,346 |
The Postcode Pricing Model uses changes in average sales price within the TA11 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 | 15.255 % | £72,461 | £547,461 |
| 3 Month Average | 15.720 % | £74,672 | £549,672 |
| 6 Month Average | 23.835 % | £113,217 | £588,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £101,503 | £100,000 | 2 TOM TITS LANE |
| 5 Jun 2023 | £298,617 | £295,000 | 10 CAMDEN ORCHARD |
| 14 Apr 2023 | £325,505 | £322,000 | 2 CAMDEN ORCHARD |
| 31 Mar 2023 | £781,361 | £774,000 | WEST END MANSE WEST END |
| 12 Aug 2022 | £227,388 | £228,000 | 12 NEW CROSS |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 4 Jun 2015. Using an estimated price of £585,347 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on WATER LANE is 116 sq meters (1,255 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Water Lane | |
| Feb 2024 | Anti-social behaviour | On or near Water Lane | |
| Feb 2024 | Anti-social behaviour | On or near Water Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Lane |
| Jan 2024 | Anti-social behaviour | On or near Water Lane |