£5,650,853
This estimated value is based upon the latest sale price for the house of £5,556,484 on 27 Mar 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £5,556,484 | 27 Mar 2023 |
| 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 March 2023 the House Price Index for SOMERSET was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £5,556,484 results in an estimated price of approximately £5,650,853.
| 27 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £5,556,484 | £94,369 | £5,650,853 |
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 | -64.049 % | £-3,558,864 | £1,997,619 |
| 3 Month Average | -29.974 % | £-1,665,511 | £3,890,972 |
| 6 Month Average | -14.648 % | £-813,931 | £4,742,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £436,069 | £425,000 | 11 DRAYCOTT ROAD |
| 30 Jun 2023 | £346,953 | £340,000 | THE LOFT 44 PIKE LANE |
| 27 Mar 2023 | £5,650,854 | £5,556,484 | 23 MEADOW RISE |
| 8 Mar 2023 | £132,208 | £130,000 | FLAT 5 ROYAL OAK HOUSE, 46 COMMERCIAL ROAD |
| 27 May 2022 | £179,681 | £175,000 | 46 MEADOW RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hillmead |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hillmead |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hillmead |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillmead |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillmead |