£448,507
This estimated value is based upon the latest sale price for the house of £180,001 on 31 Jan 2003. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £180,001 | 31 Jan 2003 |
| 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 January 2003 the House Price Index for SOMERSET was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £180,001 results in an estimated price of approximately £448,507.
| 31 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £180,001 | £268,506 | £448,507 |
The Postcode Pricing Model uses changes in average sales price within the BS25 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 | -11.901 % | £-21,422 | £158,578 |
| 3 Month Average | 59.281 % | £106,706 | £286,707 |
| 6 Month Average | 66.999 % | £120,599 | £300,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £487,490 | £480,000 | FERNDOWN THE DRIVE |
| 15 Dec 2023 | £414,744 | £402,000 | 1 THE SQUARE |
| 8 Dec 2023 | £274,949 | £266,500 | THE MINERS ARMS THE SQUARE |
| 24 Nov 2023 | £533,544 | £520,000 | 3 BEECH CLOSE |
| 4 Sep 2023 | £419,242 | £410,000 | WESTWARD HOLLOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Square |
| Aug 2024 | Vehicle crime | Under investigation | On or near Court Lane |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cheddarcoombe Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddarcoombe Lane |
| Oct 2024 | Burglary | Under investigation | On or near Cuck Hill |