£338,243
This estimated value is based upon the latest sale price for the house of £332,595 on 20 Mar 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Paynes Lane
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| Price Paid | Date |
|---|---|
| £332,595 | 20 Mar 2023 |
| £265,000 | 6 Dec 2018 |
| £127,500 | 30 Jan 2002 |
| £84,000 | 25 Jan 1999 |
| Semi-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 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 £332,595 results in an estimated price of approximately £338,243.
| 20 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £332,595 | £5,648 | £338,243 |
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 | 10.873 % | £36,161 | £368,756 |
| 3 Month Average | 0.073 % | £241 | £332,836 |
| 6 Month Average | -10.808 % | £-35,946 | £296,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £284,266 | £278,000 | 6 MAIN ROAD |
| 28 Jun 2023 | £153,067 | £150,000 | ROCKFORD HOUSE NORTH LANE |
| 20 Mar 2023 | £338,244 | £332,595 | 40 HIGH STREET |
| 3 Mar 2023 | £373,742 | £367,500 | BENCHMARK RYE LANE |
| 10 Feb 2023 | £251,681 | £250,000 | ROSEDALE HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Paynes Lane |
| Sep 2024 | Other crime | Under investigation | On or near Westlake Close |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Main Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Peppard Close |