£541,114
This estimated value is based upon the latest sale price for the house of £435,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £435,000 | 29 Jun 2018 |
| 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 June 2018 the House Price Index for SOMERSET was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £435,000 results in an estimated price of approximately £541,114.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £435,000 | £106,114 | £541,114 |
The Postcode Pricing Model uses changes in average sales price within the TA20 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 | 25.446 % | £110,690 | £545,690 |
| 3 Month Average | 21.455 % | £93,328 | £528,328 |
| 6 Month Average | 24.099 % | £104,829 | £539,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £348,045 | £345,000 | 1 ORCHARD COTTAGES |
| 22 Jun 2023 | £1,290,634 | £1,275,000 | THE BOWERY |
| 7 Oct 2022 | £346,272 | £350,000 | SUNNYSIDE NEWTOWN |
| 21 Jun 2021 | £455,993 | £425,000 | CLOUD COTTAGE NEWTOWN |
| 10 Jan 2020 | £505,084 | £414,100 | OAKLANDS LODGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madgeon Lane |
| Apr 2024 | Other theft | Under investigation | On or near Madgeon Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Whatley Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Whatley Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Combe Beacon Lane |