£518,689
This estimated value is based upon the latest sale price for the house of £379,950 on 19 Feb 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£379,950 | 19 Feb 2016 |
£370,000 | 12 Dec 2008 |
£320,000 | 13 Jul 2007 |
£290,000 | 11 Feb 2004 |
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 February 2016 the House Price Index for SOMERSET was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £379,950 results in an estimated price of approximately £518,689.
19 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £379,950 | £138,739 | £518,689 |
The Postcode Pricing Model uses changes in average sales price within the BA22 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 | 4.862 % | £18,472 | £398,422 |
3 Month Average | 14.712 % | £55,897 | £435,847 |
6 Month Average | 55.877 % | £212,302 | £592,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £507,514 | £500,000 | THE OLD SCHOOL |
23 Feb 2023 | £1,533,968 | £1,535,000 | THE OLD RECTORY |
31 Jan 2023 | £1,045,077 | £1,050,000 | LOXLEY FARM |
18 Jan 2023 | £358,312 | £360,000 | RAMSEY WEIR LANE |
30 May 2022 | £473,930 | £465,000 | TIGH-AN-ALLT |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Heathcote Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Street |
Mar 2024 | Public order | Under investigation | On or near Church Street |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Millfield |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Millfield |