£278,273
This estimated value is based upon the latest sale price for the house of £227,500 on 29 May 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £227,500 | 29 May 2020 |
| 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 May 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £227,500 results in an estimated price of approximately £278,273.
| 29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £227,500 | £50,773 | £278,273 |
The Postcode Pricing Model uses changes in average sales price within the TA4 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 | 13.351 % | £30,374 | £257,874 |
| 3 Month Average | 22.175 % | £50,449 | £277,949 |
| 6 Month Average | 27.168 % | £61,806 | £289,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £458,014 | £450,000 | FRIENDSHIP HOUSE |
| 29 Sep 2023 | £281,094 | £277,500 | 1 CRIDLANDS |
| 23 Aug 2022 | £234,369 | £235,000 | UNIT 2 |
| 8 Jul 2022 | £358,716 | £357,750 | 7 NETHERCOTT WAY |
| 13 May 2022 | £481,574 | £472,500 | 4 BAKERS ORCHARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Westowe Hill |
| Feb 2024 | Public order | Under investigation | On or near Westowe Hill |
| Jan 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Combe Down Lane |