£296,104
This estimated value is based upon the latest sale price for the house of £282,500 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £282,500 | 21 Jan 2022 |
| 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 January 2022 the House Price Index for SOMERSET was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £282,500 results in an estimated price of approximately £296,104.
| 21 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £282,500 | £13,604 | £296,104 |
The Postcode Pricing Model uses changes in average sales price within the BA4 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 | 143.090 % | £404,230 | £686,730 |
| 3 Month Average | 15.010 % | £42,402 | £324,902 |
| 6 Month Average | 12.660 % | £35,764 | £318,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £186,767 | £185,000 | 8 COMMERCIAL ROAD |
| 8 Mar 2023 | £130,707 | £130,000 | FLAT 5 ROYAL OAK HOUSE, 46 COMMERCIAL ROAD |
| 20 Jan 2023 | £86,242 | £87,000 | 31B HIGH STREET |
| 7 Jun 2022 | £191,945 | £190,000 | THE COACH HOUSE, 18 GREAT OSTRY |
| 3 May 2022 | £431,413 | £425,000 | 17 GREAT OSTRY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |