£510,884
This estimated value is based upon the latest sale price for the house of £410,000 on 21 Aug 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £410,000 | 21 Aug 2018 |
| Terraced |
| 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 August 2018 the House Price Index for SOMERSET was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £410,000 results in an estimated price of approximately £510,884.
| 21 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £410,000 | £100,884 | £510,884 |
The Postcode Pricing Model uses changes in average sales price within the TA11 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 | -21.822 % | £-89,470 | £320,529 |
| 3 Month Average | 62.586 % | £256,603 | £666,603 |
| 6 Month Average | 41.329 % | £169,447 | £579,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Sep 2024 | £510,000 | £510,000 | BROCKLE HOUSE NEW STREET |
| 27 Aug 2024 | £1,275,000 | £1,275,000 | OLD MILLANDS HOUSE LOWER SOMERTON |
| 24 Apr 2024 | £348,022 | £345,000 | 1 BELVEDERE GRANGE PARSONAGE HILL |
| 13 Jun 2023 | £260,215 | £255,000 | MARCH COTTAGE NEW STREET |
| 24 Feb 2023 | £174,163 | £173,000 | 11 BELVEDERE GRANGE PARSONAGE HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Willmoors Lane |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Willmoors Lane |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Littleton Hill |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Millands |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Millands |