£648,291
This estimated value is based upon the latest sale price for the house of £334,000 on 16 Aug 2004. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £334,000 | 16 Aug 2004 |
| £174,000 | 27 Mar 2001 |
| 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 August 2004 the House Price Index for SOMERSET was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £334,000 results in an estimated price of approximately £648,291.
| 16 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £334,000 | £314,291 | £648,291 |
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 | 41.447 % | £138,434 | £472,434 |
| 3 Month Average | 54.012 % | £180,400 | £514,400 |
| 6 Month Average | 56.853 % | £189,890 | £523,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £225,730 | £220,000 | 15 EASTBROOK TERRACE |
| 6 Nov 2023 | £359,116 | £350,000 | CHANTRY COTTAGE WILD OAK LANE |
| 1 Sep 2023 | £214,734 | £210,000 | 7 BROOKSIDE CLOSE |
| 1 Sep 2023 | £311,875 | £305,000 | 7 FAIRVIEW TERRACE |
| 7 Aug 2023 | £504,092 | £495,000 | 51 CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Church Road |
| Jul 2024 | Anti-social behaviour | On or near Cherry Orchard | |
| Jun 2024 | Anti-social behaviour | On or near Cherry Orchard | |
| Jun 2024 | Anti-social behaviour | On or near Cherry Orchard | |
| May 2024 | Anti-social behaviour | On or near Cherry Orchard |