£459,897
This estimated value is based upon the latest sale price for the house of £163,000 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £163,000 | 12 Jul 2002 |
| £87,000 | 7 Oct 1997 |
| 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 July 2002 the House Price Index for SOMERSET was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £163,000 results in an estimated price of approximately £459,897.
| 12 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £163,000 | £296,897 | £459,897 |
The Postcode Pricing Model uses changes in average sales price within the TA18 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 | 87.291 % | £142,285 | £305,285 |
| 3 Month Average | 148.676 % | £242,342 | £405,342 |
| 6 Month Average | 111.552 % | £181,830 | £344,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £273,954 | £267,000 | DORMERS HIGHER STREET |
| 25 Oct 2023 | £455,342 | £445,000 | PINE VIEW HIGHER STREET |
| 30 Jun 2023 | £336,748 | £330,000 | 4 LAYNE TERRACE |
| 13 Jan 2023 | £150,402 | £150,000 | 3 CHURCH CLOSE |
| 7 Sep 2022 | £259,826 | £260,000 | 16 RIDGWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Highfield |
| Aug 2024 | Other theft | Under investigation | On or near Scotts Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Smith'S Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Smith'S Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Smith'S Hill |