£347,345
This estimated value is based upon the latest sale price for the house of £75,000 on 12 Oct 1998. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £75,000 | 12 Oct 1998 |
| 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 October 1998 the House Price Index for SOMERSET was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £75,000 results in an estimated price of approximately £347,345.
| 12 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £75,000 | £272,345 | £347,345 |
The Postcode Pricing Model uses changes in average sales price within the TA5 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 | 354.120 % | £265,589 | £340,589 |
| 3 Month Average | 236.731 % | £177,548 | £252,548 |
| 6 Month Average | 293.741 % | £220,306 | £295,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £244,274 | £240,000 | 16 FOUR FORKS |
| 8 Sep 2023 | £552,059 | £545,000 | CHARIS FOUR FORKS |
| 12 Jun 2023 | £490,947 | £485,000 | WAYSIDE HIGH STREET |
| 25 Aug 2022 | £418,872 | £420,000 | COBB COTTAGE FOUR FORKS |
| 18 Aug 2022 | £249,329 | £250,000 | SUNNYSIDE BUNGALOW CHARLYNCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Four Forks Lane |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area |