£253,512
This estimated value is based upon the latest sale price for the house of £65,000 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £65,000 | 31 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2000 the House Price Index for SOMERSET was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £65,000 results in an estimated price of approximately £253,512.
| 31 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 149.7 | 290.019 % | £65,000 | £188,512 | £253,512 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | 218.888 % | £142,277 | £207,277 |
| 3 Month Average | 266.995 % | £173,546 | £238,546 |
| 6 Month Average | 234.056 % | £152,136 | £217,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £312,716 | £310,000 | 8 CHARLTON CLOSE |
| 7 Dec 2023 | £213,562 | £207,000 | 227 SOUTH STREET |
| 10 Aug 2023 | £290,235 | £285,000 | 9 CHARLTON CLOSE |
| 9 Jun 2023 | £262,256 | £257,000 | 118 SOUTH STREET |
| 17 Mar 2023 | £157,632 | £155,000 | 235 SOUTH STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Jan 2014. Using an estimated price of £253,512 means this house is valued at £3,521 per sq meter (£327 per sq foot).
The average size of a house on SHUTE LAKE LANE is 71 sq meters (765 sq feet).
This house is the largest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shute Lake Lane |
| Oct 2024 | Shoplifting | Under investigation | On or near Shute Lake Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Shute Lake Lane |
| Aug 2024 | Burglary | Under investigation | On or near Blacknell Lane |
| Sep 2024 | Possession of weapons | Under investigation | On or near Rhydderch Way |