£468,879
This estimated value is based upon the latest sale price for the house of £400,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £400,000 | 30 Sep 2020 |
| £292,500 | 31 Jul 2006 |
| £85,000 | 24 Jul 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 September 2020 the House Price Index for SOMERSET was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £400,000 results in an estimated price of approximately £468,879.
| 30 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £400,000 | £68,879 | £468,879 |
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 | -26.918 % | £-107,672 | £292,327 |
| 3 Month Average | -20.919 % | £-83,676 | £316,323 |
| 6 Month Average | 14.529 % | £58,115 | £458,115 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newton Lane |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Newton Lane |
| Feb 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near The Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fosgrove Lane |
| Mar 2024 | Public order | Under investigation | On or near Quarry Lane |