£262,707
This estimated value is based upon the latest sale price for the house of £242,000 on 24 Sep 2021. 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 Oak Lane
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| Price Paid | Date |
|---|---|
| £242,000 | 24 Sep 2021 |
| £227,500 | 21 Dec 2018 |
| £173,000 | 23 Jul 2014 |
| £110,000 | 4 Sep 2001 |
| £63,000 | 15 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 September 2021 the House Price Index for SOMERSET was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £242,000 results in an estimated price of approximately £262,707.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £242,000 | £20,707 | £262,707 |
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 | 36.504 % | £88,340 | £330,340 |
| 3 Month Average | 45.336 % | £109,711 | £351,711 |
| 6 Month Average | 34.167 % | £82,685 | £324,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £289,514 | £287,000 | 95 CHEDDON ROAD |
| 27 Nov 2023 | £148,777 | £145,000 | 1 WILLMOTT COURT VERA STREET |
| 13 Oct 2023 | £281,391 | £275,000 | 54 CHEDDON ROAD |
| 22 Sep 2023 | £69,022 | £67,500 | 103B CHEDDON ROAD |
| 3 Jan 2023 | £80,214 | £80,000 | 121 CHEDDON ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 4 Oct 2018. Using an estimated price of £262,708 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on CHEDDON ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oak Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oak Lane |
| Aug 2024 | Burglary | Under investigation | On or near Oak Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oak Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oak Lane |