£764,130
This estimated value is based upon the latest sale price for the house of £760,000 on 30 Mar 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £760,000 | 30 Mar 2023 |
| £550,000 | 29 Mar 2017 |
| 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 March 2023 the House Price Index for SOMERSET was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £760,000 results in an estimated price of approximately £764,130.
| 30 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £760,000 | £4,130 | £764,130 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | -3.865 % | £-29,373 | £730,626 |
| 3 Month Average | -23.398 % | £-177,827 | £582,172 |
| 6 Month Average | -8.738 % | £-66,407 | £693,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £89,187 | £87,500 | FLAT 39 CHEDDAR COURT STATION ROAD |
| 27 Nov 2023 | £93,703 | £92,500 | FLAT 10 CHEDDAR COURT STATION ROAD |
| 24 Nov 2023 | £146,886 | £145,000 | FLAT 7 CHEDDAR COURT STATION ROAD |
| 11 Aug 2023 | £84,514 | £84,000 | FLAT 32 CHEDDAR COURT STATION ROAD |
| 30 Mar 2023 | £764,130 | £760,000 | UNIT 9 CHEDDAR BUSINESS PARK WEDMORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Wedmore Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Feb 2024 | Public order | Under investigation | On or near Shopping Area |
| Feb 2024 | Anti-social behaviour | On or near Cheddar Fields | |
| Feb 2024 | Anti-social behaviour | On or near Cheddar Fields |