£447,556
This estimated value is based upon the latest sale price for the house of £435,000 on 25 Jul 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Chapel Lane
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| Price Paid | Date |
|---|---|
| £435,000 | 25 Jul 2023 |
| £341,500 | 17 Nov 2017 |
| £249,995 | 27 May 2015 |
| 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 July 2023 the House Price Index for SOMERSET was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £435,000 results in an estimated price of approximately £447,556.
| 25 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £435,000 | £12,556 | £447,556 |
The Postcode Pricing Model uses changes in average sales price within the BA3 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 | -35.113 % | £-152,742 | £282,257 |
| 3 Month Average | -2.001 % | £-8,703 | £426,296 |
| 6 Month Average | 2.636 % | £11,465 | £446,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £409,296 | £400,000 | 1 KINGSCOTE MEWS |
| 18 Nov 2022 | £338,418 | £340,000 | 2 WOODVIEW LONGLEAT ROAD |
| 8 Sep 2022 | £779,479 | £780,000 | MANOR BYRES LONGLEAT LANE |
| 29 Jul 2022 | £232,328 | £230,000 | 19 LONGLEAT ROAD |
| 15 Jul 2022 | £255,561 | £253,000 | 7 LONGLEAT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Chapel Lane |
| Sep 2024 | Other theft | Under investigation | On or near Croft Road |
| Sep 2024 | Other theft | Under investigation | On or near Croft Road |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Edford Hill |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Edford Hill |