£494,675
This estimated value is based upon the latest sale price for the house of £487,075 on 31 Mar 2024. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £487,075 | 31 Mar 2024 |
| 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 March 2024 the House Price Index for SOMERSET was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £487,075 results in an estimated price of approximately £494,675.
| 31 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £487,075 | £7,600 | £494,675 |
The Postcode Pricing Model uses changes in average sales price within the TA7 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 | -17.852 % | £-86,950 | £400,124 |
| 3 Month Average | -32.803 % | £-159,774 | £327,300 |
| 6 Month Average | -17.513 % | £-85,301 | £401,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2024 | £330,000 | £330,000 | 10 KING WILLIAM ROAD |
| 31 Mar 2024 | £494,675 | £487,075 | 19 MANOR ROAD |
| 27 Oct 2023 | £342,785 | £335,000 | 16 KING WILLIAM ROAD |
| 27 Jan 2023 | £365,978 | £365,000 | 6 HECTOR ROAD |
| 29 Jul 2022 | £702,034 | £695,000 | 5 STEEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Offender given a caution | On or near Vine Orchard |
| Sep 2024 | Burglary | Under investigation | On or near Manor Road |
| Aug 2024 | Burglary | Under investigation | On or near Broadmead Lane |
| Oct 2024 | Burglary | Under investigation | On or near Scotts Lane |
| Sep 2024 | Burglary | Under investigation | On or near Scotts Lane |