£489,733
This estimated value is based upon the latest sale price for the house of £362,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £362,000 | 26 May 2016 |
| £205,000 | 24 Sep 2004 |
| 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 May 2016 the House Price Index for SOMERSET was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £362,000 results in an estimated price of approximately £489,733.
| 26 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £362,000 | £127,733 | £489,733 |
The Postcode Pricing Model uses changes in average sales price within the TA12 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 | 1.102 % | £3,990 | £365,990 |
| 3 Month Average | 76.623 % | £277,374 | £639,374 |
| 6 Month Average | 39.730 % | £143,820 | £505,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £870,704 | £855,000 | 27 BURROUGH STREET |
| 24 Jan 2022 | £270,351 | £255,000 | 4 BURROUGH STREET |
| 7 Jan 2022 | £1,590,297 | £1,500,000 | LAVENOAK HOUSE BURROUGH STREET |
| 16 Dec 2021 | £264,430 | £245,000 | 83 MAIN STREET |
| 10 Dec 2021 | £221,258 | £205,000 | 66 MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Burrough Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Middle Leaze Drove |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Middle Leaze Drove |
| Sep 2024 | Other theft | Under investigation | On or near Middle Leaze Drove |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Witcombe Lane |