£342,712
This estimated value is based upon the latest sale price for the house of £290,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £290,000 | 23 Oct 2020 |
| £69,500 | 4 Jul 1997 |
| £48,500 | 28 Jun 1996 |
| 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 October 2020 the House Price Index for SOMERSET was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £290,000 results in an estimated price of approximately £342,712.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £290,000 | £52,712 | £342,712 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 5.661 % | £16,415 | £306,415 |
| 3 Month Average | 18.739 % | £54,341 | £344,341 |
| 6 Month Average | 8.531 % | £24,738 | £314,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £600,212 | £595,000 | DOWRY COTTAGE |
| 8 Apr 2024 | £464,030 | £460,000 | THE OLD SHOP LUCKWELL BRIDGE |
| 13 Oct 2023 | £654,874 | £640,000 | JASMINE COTTAGE |
| 12 Sep 2023 | £398,791 | £390,000 | 2 ASH LANE |
| 18 Aug 2023 | £705,729 | £693,000 | THE OLD CHAPEL LUCKWELL BRIDGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Halse Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarme Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarme Lane |
| Aug 2024 | Vehicle crime | Under investigation | On or near Long Lane |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stone Lane |