£642
This estimated value is based upon the latest sale price for the house of £500 on 18 Jul 2017. 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 Newton Lane
More crime details
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| Price Paid | Date |
|---|---|
| £500 | 18 Jul 2017 |
| £387,500 | 15 Mar 2007 |
| £274,250 | 29 Nov 2002 |
| 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 July 2017 the House Price Index for SOMERSET was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £500 results in an estimated price of approximately £642.
| 18 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £500 | £142 | £642 |
The Postcode Pricing Model uses changes in average sales price within the TA3 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 | -0.717 % | £-3 | £496 |
| 3 Month Average | 46.919 % | £234 | £734 |
| 6 Month Average | 27.622 % | £138 | £638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £562,782 | £550,000 | FLYBOAT FARM |
| 14 Jun 2023 | £551,043 | £540,000 | HOMESTEAD GREEN LANE |
| 28 Mar 2023 | £584,766 | £575,000 | QUEENS ARMS |
| 20 Jan 2023 | £466,246 | £465,000 | RELVA |
| 15 Aug 2022 | £426,997 | £425,000 | THE OLD POST OFFICE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Newton Lane |
| Sep 2024 | Other crime | Under investigation | On or near Newton Lane |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Newton Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near The Green |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Green |