£305,819
This estimated value is based upon the latest sale price for the house of £197,500 on 25 Jun 2014. 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 Cranes Close
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| Price Paid | Date |
|---|---|
| £197,500 | 25 Jun 2014 |
| £187,000 | 18 Aug 2006 |
| £88,000 | 27 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 June 2014 the House Price Index for SOMERSET was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £197,500 results in an estimated price of approximately £305,819.
| 25 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £197,500 | £108,319 | £305,819 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 34.525 % | £68,186 | £265,686 |
| 3 Month Average | 41.256 % | £81,480 | £278,980 |
| 6 Month Average | 49.559 % | £97,878 | £295,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £218,652 | £215,000 | 17 WATERLEAZE |
| 24 Jun 2022 | £258,526 | £253,000 | 20 CRANES CLOSE |
| 6 Jan 2022 | £238,545 | £225,000 | 6 HALE WAY |
| 2 Jul 2021 | £287,128 | £248,000 | 9 CRANES CLOSE |
| 27 Nov 2020 | £301,911 | £258,500 | 56 WATERLEAZE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Feb 2014. Using an estimated price of £305,819 means this house is valued at £4,432 per sq meter (£411 per sq foot).
The average size of a house on WATERLEAZE is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Further investigation is not in the public interest | On or near Cranes Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Cranes Close |
| Oct 2024 | Burglary | Under investigation | On or near Cranes Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranes Close |
| Jul 2024 | Other theft | Under investigation | On or near Cranes Close |