£340,910
This estimated value is based upon the latest sale price for the house of £340,000 on 24 Jan 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £340,000 | 24 Jan 2023 |
| £93,000 | 23 Oct 1998 |
| £65,000 | 21 Jul 1995 |
| 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 2023 the House Price Index for SOMERSET was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £340,000 results in an estimated price of approximately £340,910.
| 24 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £340,000 | £910 | £340,910 |
The Postcode Pricing Model uses changes in average sales price within the TA3 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 | 22.123 % | £75,219 | £415,219 |
| 3 Month Average | -1.833 % | £-6,233 | £333,766 |
| 6 Month Average | -4.943 % | £-16,805 | £323,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £340,000 | £340,000 | 12 NEWLANDS GROVE |
| 7 Dec 2023 | £314,669 | £305,000 | 21 NEWLANDS ROAD |
| 24 Jan 2023 | £340,911 | £340,000 | 26 NEWLANDS CRESCENT |
| 29 Jul 2022 | £212,126 | £210,000 | 26 LAWN MEADOW |
| 19 Jul 2022 | £338,391 | £335,000 | 5 NEWLANDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Crescent |
| Sep 2024 | Burglary | Under investigation | On or near Coronation Close |
| Aug 2024 | Vehicle crime | Under investigation | On or near Coronation Close |
| Aug 2024 | Vehicle crime | Under investigation | On or near Coronation Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bushy Cross Lane |