£1,777,127
This estimated value is based upon the latest sale price for the house of £290,000 on 7 Jun 2024. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £290,000 | 7 Jun 2024 |
| £290,500 | 26 Oct 2022 |
| £188,000 | 5 Feb 2019 |
| Terraced |
| 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 June 2024 the House Price Index for SOMERSET was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £290,000 results in an estimated price of approximately £1,777,127.
| 7 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £290,000 | £1,487,127 | £1,777,127 |
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 | 30.998 % | £89,894 | £379,894 |
| 3 Month Average | 45.644 % | £132,366 | £422,366 |
| 6 Month Average | 11.521 % | £33,410 | £323,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £249,500 | £249,500 | 7 VIRGINIA ORCHARD |
| 23 Aug 2023 | £417,531 | £410,000 | 14 VIRGINIA ORCHARD |
| 23 Aug 2023 | £290,235 | £285,000 | 29 VIRGINIA ORCHARD |
| 24 Jan 2023 | £340,911 | £340,000 | 26 NEWLANDS CRESCENT |
| 29 Jul 2022 | £212,126 | £210,000 | 26 LAWN MEADOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Crescent |
| Oct 2024 | Public order | Under investigation | On or near Cheats Road |
| Oct 2024 | Other crime | Under investigation | On or near Cheats Road |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Cheats Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Coronation Close |