£635,514
This estimated value is based upon the latest sale price for the house of £430,000 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £430,000 | 12 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 252 sq meters or 2,712 sq feet |
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 February 2015 the House Price Index for SOMERSET was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £430,000 results in an estimated price of approximately £635,514.
| 12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £430,000 | £205,514 | £635,514 |
The Postcode Pricing Model uses changes in average sales price within the TA5 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 | 98.638 % | £424,144 | £854,144 |
| 3 Month Average | 28.595 % | £122,957 | £552,957 |
| 6 Month Average | 20.178 % | £86,763 | £516,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £244,274 | £240,000 | 16 FOUR FORKS |
| 8 Sep 2023 | £552,059 | £545,000 | CHARIS FOUR FORKS |
| 6 Jul 2023 | £314,229 | £310,000 | THE STABLES BLACKMORE LANE |
| 25 Aug 2022 | £418,872 | £420,000 | COBB COTTAGE FOUR FORKS |
| 18 Aug 2022 | £249,329 | £250,000 | SUNNYSIDE BUNGALOW CHARLYNCH ROAD |
This house has a floor area of 252 sq meters or 2,712 sq feet when measured on 14 Jul 2020. Using an estimated price of £635,515 means this house is valued at £2,521 per sq meter (£234 per sq foot).
The average size of a house on SPAXTON ROAD is 198 sq meters (2,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Four Forks Lane |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Mill Farm Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Park/Open Space |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Park/Open Space |